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Home Depot leans on demand for small projects to top estimates
(Reuters) -Home Depot beat quarterly profit estimates and posted a lower-than-expected drop in comparable sales on Tuesday, as the top U.S. home-improvement retailer tapped into a switch by customers to small-scale projects and essential repair work. U.S. consumers have put big renovations and discretionary home-improvement projects on the back burner as they battle still high […]
Home Depot tops quarterly results estimates on small-project demand
(Reuters) -Home Depot beat quarterly profit estimates and posted a lower-than-expected decline in comparable sales on Tuesday, as the top U.S. home-improvement retailer tapped into a switch by customers to small-scale projects and repair work. U.S. consumers have put big renovations and discretionary home improvement projects on the back burner as they battle still high […]
Home Depot tops quarterly results estimates on small-project demand
(Reuters) -Home Depot beat quarterly profit estimates and posted a lower-than-expected decline in comparable sales on Tuesday, as the top U.S. home-improvement retailer tapped into a switch by customers to small-scale projects and repair work. U.S. consumers have put big renovations and discretionary home improvement projects on the back burner as they battle still high […]
Home Depot posts smaller-than-expected quarterly sales drop
(Reuters) – Home Depot (NYSE:HD) posted a smaller-than-expected decline in quarterly same-store sales on Tuesday, as a switch to small-scale projects and repair work by customers cushioned a slowdown in demand for big-ticket items that has hammered the industry. Shares of the company rose more than 2% in premarket trading. “Similar to the second quarter, […]
No big boost expected in luxury spending during holiday season – Bain
PARIS (Reuters) -Global sales of luxury goods will likely not grow significantly in the fourth quarter, with tourist flows to Europe key to spending there as local shoppers tighten their purse strings, consultancy Bain & company said. “It will really be linked to tourist flows,” said Bain partner Federica Levato of spending on high end […]
No big boost expected in luxury spending during holiday season – Bain
PARIS (Reuters) -Global sales of luxury goods will likely not grow significantly in the fourth quarter, with tourist flows to Europe key to spending there as local shoppers tighten their purse strings, consultancy Bain & company said. “It will really be linked to tourist flows,” said Bain partner Federica Levato of spending on high end […]
No big boost expected in luxury spending during holiday season – Bain
PARIS (Reuters) -Global sales of luxury goods will likely not grow significantly in the fourth quarter, with tourist flows to Europe key to spending there as local shoppers tighten their purse strings, consultancy Bain & company said. “It will really be linked to tourist flows,” said Bain partner Federica Levato of spending on high end […]
No big boost expected in luxury spending during holiday season – Bain
PARIS (Reuters) – Global sales of luxury goods will likely not grow significantly in the fourth quarter, with tourist flows to Europe key to spending there as local shoppers tighten their purse strings, consultancy Bain & company said. “It will really be linked to tourist flows,” said Bain partner Federica Levato of spending on high […]
No big boost expected in luxury spending during holiday season – Bain
PARIS (Reuters) – Global sales of luxury goods will likely not grow significantly in the fourth quarter, with tourist flows to Europe key to spending there as local shoppers tighten their purse strings, consultancy Bain & company said. “It will really be linked to tourist flows,” said Bain partner Federica Levato of spending on high […]
US bank regulators defend planned capital hikes to skeptical lawmakers
By Pete Schroeder and Michelle Price WASHINGTON (Reuters) -The Federal Reserve’s top Wall Street cop Michael Barr and other bank regulators sought to reassure skeptical U.S. lawmakers on Tuesday that their plans to hike U.S. bank capital requirements would not impede lending or hurt small businesses. Members of the U.S. Senate Banking Committee from both […]
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