home improvement retailer

Home Depot Inc , the world's largest home improvement retailer, reported higher-than-expected quarterly profit on Tuesday as it held down costs and consumers took on spring projects.

The nation’s largest home improvement retailer is reiterating its downbeat outlook for the year as it struggles with a weak home market.

The Home Depot Inc., the nation's largest home improvement retailer, is reporting a 24 percent drop in second-quarter profits but beat expectations.

The company is reiterating its downbeat outlook for the year as it struggles with a weak home market.

The Home Depot Inc., the nation's largest home improvement retailer, reported a 24 percent drop in second-quarter profit but beat Wall Street expectations.

The company reiterated its downbeat outlook for the year amid a weak housing and home improvement market that shows no signs of recovery.

The home improvement retailer reported a 7.9 percent decline in second-quarter profit, but topped Wall Street expectations as it benefited from expense controls and government stimulus checks.

Lowe's Cos. Inc. says its second-quarter profit fell 7.9 percent, but still topped Wall Street expectations.

The nation's second-largest home improvement retailer is offering a downbeat sales and profit outlook, however, as it feels the pain from a weak housing market.

Lowe's Cos. Inc. reported a 7.9 percent decline in second-quarter profit on Monday, but still topped Wall Street expectations as the nation's second-largest home improvement retailer benefited from tight expense controls and the government stimulus checks.

The Home Depot is closing 15 of its namesake stores, affecting 1,300 employees. It is the first time the home improvement retailer has ever closed a flagship store for performance reasons.

The Atlanta-based company said Thursday that the underperforming U.S. stores being closed represent less than 1 percent of its existing stores.

They will be shuttered within the next two months.

A company spokesman says some of the employees will be relocated, while others could lose their jobs.