Earnings season reflects a comeback

During the unofficial earnings season for home improvement on Wall Street — companies tracked by HCN produced a decidedly positive stream of earnings reports.

Of 30 companies tracked from July 9 (WD-40) to Aug. 22 (Sears), five companies showed losses, six were in the black but also showed a decline, and a full 16 showed year-over-year growth in the double-digit percentages, including a gaudy 182% increase at LED lighting manufacturer CREE.