When should you call a professional for a home improvement project? | kplr11.com
Within the last day, both companies reported earnings, and while their first quarter results came in a bit mixed, their outlooks for the rest of the year were both upbeat. Yesterday morning, Home Depot reaffirmed its fiscal 2014 sales outlook and raised its profit view, though the company’s earnings per share are expected to be bolstered by $3.75 billion in share repurchases expected during the rest of the year. Lowe’s this morning reported first quarter sales that disappointed , but the company’s quarterly earnings and fiscal year outlooks were in-line with expectations. Lowe’s CEORobert Niblock,[p]erformance has improved in May which, together with our strengthening execution, gives us the confidence to reaffirm our sales and operating profit outlook for the year.” Lowe’s also said it expects operating profit margin to improve 65 basis points. Lowe’s shares opened fractionally lower, while Home Depot stock opened a bit higher. http://www.businessinsider.com/good-signs-for-home-refinance-and-repair-2014-5
For the first quarter of fiscal 2014, diluted earnings per share increased 20.5 percent from the same period in the prior year.First-quarter fiscal 2014 results reflect a benefit to earnings, net of tax, of $61 million, or 4 cents per diluted share, related to the sale of a portion of the companys equity ownership in HD Supply Holdings Inc.Total sales for the first quarter of fiscal 2014 were $19.7 billion, a 2.9 percent increase from the first quarter of fiscal 2013. Comparable store sales for the first quarter of fiscal 2014 were positive 2.6 percent, and comp sales for the U.S. stores were positive 3.3 percent. http://wallstcheatsheet.com/business/is-home-depot-enticing-post-earnings.html/?a=viewall
Is Home Depot Enticing Post-Earnings?
Posted 12:48 pm, May 22, 2014, by Staff Writer , Updated at 12:49pm, May 22, 2014 Email ST. LOUIS, MO (KPLR) Memorial Day weekend is often when people being working on their home improvement projects. So, what kind of projects can you do yourself, and when should you hire a professional? http://kplr11.com/2014/05/22/when-should-you-call-a-professional-for-a-home-improvement-project/