Home Depot piggybacks off housing recovery

Home Keywords Brian Nagel. Items Tagged with ‘Brian Nagel’ RSS. ARTICLES. Home Depot piggybacks off housing recovery. Second-quarter profit beats estimates. August 20, 2013.

Shares of Home Depot Inc. and Lowe’s Cos. — the two largest U.S. home-improvement retailers — are trading at the highest level in more than 10 years relative to the broader market amid signs the.

Home Depot Supply: The Next Great Spin-Off?. and the housing recovery began its long, HD Supply, of which Home Depot still owns 12.5%, is a construction materials wholesaler that plays on.

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Home Depot Inc posted better-than-expected earnings on Tuesday, helped by a nascent recovery in the U.S. housing market and rebuilding efforts in the wake of Hurricane Sandy.

Email: investor_relations@homedepot.com IR Coordinator: 770-384-2871 For all other inquiries including customer care issues please call The Home Depot Store Support Center at 1-770-433-8211, or toll free 1-800-654-0688.

home equity loans or lines of credit, cash-out refinances, or contractor-arranged financing-would not only help to update the nation’s aging housing stock, but also generate consider-able growth in the home improvement market. Housing Market Dynamics Spending on improvements and repairs to the US housing

"We’re finally at the stage of the housing recovery where homeowners are taking on larger projects," said Brad Hunter, chief economist with IAC’s HomeAdvisor unit, which matches homeowners with contractors and handymen. "Home improvement is the shining star within retail." Some on Wall Street believe the stocks will rise further.

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Though, this service accounts for merely 4% of Home Depot’s revenue, but I think Redbeacon is important for driving sales for two reasons. First off, the customer satisfaction. On account of the.

Home Depot: Housing recovery a boon for us CEO Frank Blake says that the boom in housing is reflected in his company’s sales numbers, but says he expects the recovery to be slow. Top Videos

Business prospects at home improvement retailer The Home Depot, Inc. (HD – Free Home Depot Stock Report) look bright.The company’s stock price is near an all-time high of around $120. The valuation is being driven by strong results, thanks largely to the ongoing housing market recovery in the United States.