Content about Comps

May 16, 2012

Home Depot’s Craig Menear, executive VP merchandising, shared details and data from a first quarter that saw double-digit comps in certain seasonal product categories.

Overall, Home Depot saw comp-store sales increase 5.8% in the first quarter of strong sales and earnings growth.

March 2, 2012

Take Home Depot’s fourth-quarter comps — positive 5.7% — add it to Lowe’s fourth-quarter comps — positive 3.4% — and you have the highest combined comp sum in six years. You’d have to go back to the fourth quarter of 2005 for a higher figure (positive 13.3%).

Sales were also a positive story with a 5.9% fourth-quarter increase emanating from Atlanta, and an 11% increase at Lowe’s.

Here is how the sales stacked up across the past two years for the two industry giants:

September 5, 2010

Hoffman Estates, Ill.-based retail giant Sears Holdings posted a net loss of $39 million in...

June 22, 2010

It was almost painful to watch. Quarter after quarter of negative comparable-store-sales figures emanating from Atlanta and Mooresville in a period of negativity that extended for more than three years.

The negative-comps streak officially ended last month, when the two biggest players in home improvement retailing both posted positive comps for the first time since late 2005 (See chart). The reversal is clearly good news not only for Home Depot and Lowe’s, but also for the home improvement industry in general.

September 9, 2007

Poorly performing housing markets in Florida and California put a damper on Lowe’s overall sales...