Content about Conference Call

September 16, 2013

The Sherwin-Williams Company has acquired the U.S./Canada business of Consorcio Comex, S.A. de C.V., which includes 314 stores and eight manufacturing sites.

Sherwin-Williams will pay $90 million in cash as well as assume Comex's liabilities, currently valued at approximately $75 million.

September 10, 2013

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.

May 1, 2013

During the Spectrum Brands second-quarter earnings call, the Madison, Wis.-based company showed interest in bringing back some offshore production.

February 13, 2013

After signing a long-term deal to supply paint for Ace Hardware, Valspar CEO Gary Hendrickson expects to ride the recovery to increased sales.

December 13, 2012

From innovations that use advanced lithium-ion technology to old standby push mowers, some of Home Depot’s top-selling products in the third and fourth quarters span the gamut of home improvement categories.

During Home Depot’s third-quarter conference call in November, executive VP merchandising Craig Menear identified several products that are selling briskly or are expected to perform well during the fourth quarter.

Ryobi 18V Lithium Battery

August 29, 2012

Beacon added two new companies to its roster in July: Structural Materials Co. in Southern California and Contractors Roofing & Supply Co. in St. Louis.

The appetite for acquisition remains unsated.

“We are confident that we will add other quality companies in the near future that fit our target acquisition profile,” said CEO Paul Isabella during Beacon’s third-quarter earnings call.

August 29, 2012

The mixing of paint and primer together, in the same can, has swept through the coatings industry like no other innovation. Almost every manufacturer and retailer has added a version of this product to its assortment, although some have done so reluctantly. Within the paint industry, many dismiss paint-and-primer combos as a marketing ploy that raises the price of a gallon of paint. Others say it can save time and money and has a rightful place as a consumer option.

August 15, 2012

Home Depot’s top merchant spelled out the category gainers during the company’s second-quarter earnings call.

May 29, 2012

The world’s largest home improvement retailer has described its First Phone on-the-floor scanner and sales tool as a competitive advantage. Now comes the smaller version.

The mobile sales-floor device known as the Home Depot First Phone has been described as competitive advantage for the world’s largest home improvement retailer. Now comes the “First Phone Junior,” which has begun to roll out to all Home Depot stores, said Frank Blake during the company’s first-quarter earnings call. 

January 23, 2012

John Donahoe, president and CEO of eBay, during a Jan. 18 earnings call expanded on the test of PayPal with retailer Home Depot. 

A division of EBay, PayPal is experimenting with extending its on-line payment system to point-of-sale retail locations. In the fourth quarter of 2011, it chose Home Depot as its first national retailer for a limited test at five stores. PayPal plans to widen the pilot to 51 stores in the Bay Area by the end of the month, Donahoe said.

He explained to investors how the payment process worked by relating his own experience.

November 16, 2011

Lowe's has big plans. That's another way of saying it has a lot on its plate. 

During a third-quarter earnings call in which Lowe's CEO Robert Niblock described the company's performance as below its expectations, he was asked about distractions and changes and their impact on results. 

The CEO went on to explain that it's better to consolidate changes and get through them quickly than to wait for things to get better. 

November 16, 2011

Atlanta-based Home Depot's wind-and-storm aided sales effort in the third quarter presented several category highlights, according to executive VP merchandising Craig Menear.

The company's strong third-quarter performance, which included a 13% net earnings increase and comp-store sales of positive 4.2%, included strength "in the core of the store" and growth in average ticket and transactions.

August 31, 2011

Lowe’s second-quarter financial report was a disappointment to the company’s executives, who made no excuses for the retailer’s poor showing. Earnings were down slightly, revenues grew by only 1.3%, and comp-store sales were essentially flat. “Even after taking into account the challenges of the macro environment, we are still not pleased with our performance this year,” said chairman and CEO Robert Niblock, speaking at an analysts’ conference call on Aug. 15. 


March 7, 2011

For the first time since 2005, The Home Depot and Lowe’s Cos. both delivered positive comparable-store sales in all four quarters of 2010. Last year was also the first year both companies showed an increase in full-year sales since 2005. 


These trends are strong evidence that the worst of the economic cycle has passed for the two home improvement retail giants.


December 5, 2010

Most question-and-answer segments of earnings calls have a signature exchange that deserves to make the...

December 5, 2010

An automated, mechanized distribution center is an amazing spectacle. Products whiz around elaborate conveyor belts...

September 5, 2010

The Home Depot and Lowe’s managed to post comparable-store sales gains and better profits for...

December 14, 2008

Mooresville, N.C. -based Lowe’s Cos. reported that third-quarter profit fell 24 percent—its fifth straight quarterly...

December 14, 2008

Has the Grinch stolen Christmas?...

December 7, 2008

Listen to the clamor in the media and marketplace, and you might believe that the...

November 16, 2008

Sales for the quarter increased 1.4 percent to $11.7 billion, up from $11.6 billion in...

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