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Home Improvement Products & Services Retailers

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Swedol November Sales Up 4.8 Pct Yr/Yr‍​

Friday, 15 Dec 2017

Dec 15 (Reuters) - Swedol ::SAYS NOV SALES UP 4.8 PERCENT YEAR/YR‍​.

Astivita Expects Trading Loss For H1 of FY18 Of $200,000​

Tuesday, 12 Dec 2017

Dec 12 (Reuters) - Astivita Ltd ::‍ANTICIPATED ESTIMATED TRADING LOSS FOR FIRST HALF FY18 IS $200,000​.

Clas Ohlson to buy 10 pct of MatHem

Friday, 8 Dec 2017

Dec 8 (Reuters) - Clas Ohlson ::CLAS OHLSON CLOSER TO THE CUSTOMER THROUGH STRATEGIC COLLABORATION WITH MATHEM.SE.SAYS ‍AT SAME TIME, CLAS OHLSON ACQUIRES NEWLY ISSUED SHARES CORRESPONDING TO 10 PER CENT OF MATHEM I SVERIGE AB​.SAYS ‍CLAS OHLSON WILL OWN 10 PER CENT OF MATHEM I SVERIGE AB, MAKING CLAS OHLSON MATHEM'S FOURTH LARGEST OWNER​.SAYS ‍INVESTMENT AMOUNTS TO 221 MSEK AND WILL BE REPORTED IN CLAS OHLSON'S Q3 OF 2017/18.MATHEM.SE IS A LEADING E-COMMERCE OPERATOR AND SWEDEN'S LARGEST ONLINE GROCERY STORE WITH DELIVERIES IN SEVERAL LARGER CITIES.MATHEM'S SALES AMOUNTED TO 963 MSEK IN 2016 ​.

Home Depot On Proposed Tax Reform - Believe Concern Over Mortage Interest Deductibility Overblown

Wednesday, 6 Dec 2017

Dec 6 (Reuters) - Home Depot Inc ::HOME DEPOT CFO ON PROPOSED TAX REFORM - BELIEVE CONCERN OVER MORTAGE INTEREST DEDUCTIBILITY IS OVERBLOWN.HOME DEPOT CFO ON PROPOSED TAX REFORM - CO WOULD HAVE A SIGINIFICANT, IMMEDIATE BENEFIT TO TAX EXPENSE AND CASH TAXES IF REFORM ENACTED.CEO ON INVESTOR DAY - POISED TO EXCEED OUR 2018 TARGETS‍​.CEO ON INVESTOR DAY - WILL INVEST IN THE FRONT-END EXPERICE TO FACILITATE FAST AND EASY CHECKOUT.CEO ON INVESTOR DAY - WILL INVEST IN WAGES, SCHEDULING FLEXIBILITY AND TOOLS FOR ASSOCIATES.WILL EXTEND INVESTMENTS TO CANADA AND MEXICO AS WELL, TO EXTEND "ONE HOME DEPOT EXPERIENCE" TO BOTH THOSE COUNTRIES AS WELL.EXECUTIVE - ADDED SELF-SERVICE LOCKERS AT FRONT END OF SOME STORES.EXECUTIVE - OUR NEW WORKFORCE MANAGEMNT TOOL WILL HELP ASSOCIATES WORK AT MULTIPLE LOCATIONS, CHECK SCHEDULING ON THEIR MOBILE PHONES.EXECUTIVE - WORKING ON A BUSINESS-TO-BUSINESS WEBSITE.EXECUTIVE - TO OPEN MARKET DELIVERY OPERATIONS IN 100 LOCATIONS, ALSO CONSOLIDATE STORE DELIVERY TO FEWER STORES OR MARKET STORES.EXECUTIVE - IN TOP 40 MARKETS, WILL OFFER NEXT DAY AND SAME-DAY DELIVERY FROM NEW DIRECT-TO-CUSTOMER DELIVERY CENTERS.EXECUTIVE - ESTIMATE IT WILL TAKE 5 YRS TO REACH THE DELIVERY CAPABILITIES OUTLINED TODAY.

Home Depot Updates Strategic Priorities, Confirms 2017 Sales And Earnings Guidance

Wednesday, 6 Dec 2017

Dec 6 (Reuters) - Home Depot Inc ::THE HOME DEPOT UPDATES STRATEGIC PRIORITIES; CONFIRMS FISCAL YEAR 2017 SALES AND DILUTED EARNINGS-PER-SHARE GUIDANCE; OUTLINES LONG-TERM FINANCIAL TARGETS; ANNOUNCES ACCELERATED BUSINESS INVESTMENT PLAN AND $15 BILLION SHARE REPURCHASE AUTHORIZATION.SEES FY 2017 EARNINGS PER SHARE $7.36.SEES FY 2017 SALES UP ABOUT 6.3 PERCENT.THE HOME DEPOT UPDATES STRATEGIC PRIORITIES; CONFIRMS FISCAL YEAR 2017 SALES AND DILUTED EARNINGS-PER-SHARE GUIDANCE; OUTLINES LONG-TERM FINANCIAL TARGETS; ANNOUNCES ACCELERATED BUSINESS INVESTMENT PLAN AND $15 BILLION SHARE REPURCHASE AUTHORIZATION.SEES FY 2017 COMPARABLE STORE SALES OF APPROXIMATELY 6.5 PERCENT.- FOR FISCAL 2020 , SEES ANNUAL CAPITAL SPENDING OF APPROXIMATELY 2.5 PERCENT OF SALES.SEES 2020 FINANCIAL TARGET OF ‍TOTAL SALES RANGING FROM APPROXIMATELY $114.7 BILLION TO APPROXIMATELY $119.8 BILLION​‍​.SEES LONG-TERM, FISCAL 2020 RETURN ON INVESTED CAPITAL RANGING FROM APPROXIMATELY 36.4 PERCENT TO 39.6 PERCENT.SEES LONG-TERM, FISCAL 2020 OPERATING MARGIN RANGING FROM APPROXIMATELY 14.4 PERCENT TO 15.0 PERCENT.HOME DEPOT SEES LONG-TERM FISCAL 2020 TARGET OF COMPOUNDED ANNUAL SALES GROWTH RATE FROM END OF FISCAL 2017 RANGING FROM ABOUT 4.5 PERCENT TO ABOUT 6.0 PERCENT.- ‍DILUTED EPS GUIDANCE FOR 2017 INCLUDES BENEFIT OF CO'S INTENT TO REPURCHASE ADDITIONAL $2.1 BILLION OF SHARES IN Q4​.

Herige Enters Into Exclusive Negotiations For Sale Of Naullet To Soriba ‍​

Wednesday, 6 Dec 2017

Dec 6 (Reuters) - HERIGE SA ::ENTRY INTO EXCLUSIVE NEGOTIATIONS FOR PROJECT OF SALE OF NAULLET TO SORIBA ‍​.CLOSING IS EXPECTED TO TAKE PLACE BY END OF 2017.OPERATIONS BEING SOLD AMOUNTED TO €5.2 MILLION IN TURNOVER AT DEC. 31, 2016.

Clas Ohlson Q2 operating profit lags forecast​

Wednesday, 6 Dec 2017

Dec 6 (Reuters) - Clas Ohlson AB ::SAYS ‍SALES IN NOVEMBER AMOUNTED TO 889 MSEK (908)​.Q2 ‍SALES INCREASED BY 2% TO 1,999 MSEK​.Q2 ‍OPERATING PROFIT AMOUNTED TO 125 MSEK.REUTERS POLL: CLAS OHLSON Q2 OPERATING PROFIT WAS SEEN AT SEK 134 MILLION, NOV LOCAL CURRENCY SALES SEEN UP 1.2 PERCENT​.SAYS ‍SLOW SALES TREND CONTINUED INTO NOVEMBER AND WE ARE NOW REPORTING MONTHLY SALES OF 889 MSEK, IN LINE WITH STRONG NOVEMBER OF LAST YEAR.SAYS IN LOCAL CURRENCIES, NOVEMBER SALES ARE UNCHANGED COMPARED WITH THE PRECEDING YEAR​.SAYS ‍WORK ON STRATEGY WILL RESULT IN A NEW STRATEGIC PLAN FOR COMPANY'S CONTINUED DEVELOPMENT AND GROWTH​.SAYS ‍WE ARE EVALUATING ALTERNATIVES FOR CAPITALISING ON OUR STRONG BRAND IN NORDIC MARKETS - WHERE WE CONTINUE TO SEE GREAT POTENTIAL - AND A NUMBER OF DIFFERENT BUSINESS MODELS FOR SUPPLEMENTING OUR CURRENT BUSINESS​.SAYS ‍WILL PRESENT AND LAUNCH PLAN IN FULL DURING SPRING​.SAYS ‍REGARDING STORE EXPANSION IN NORDIC MARKETS, WE HAVE DECIDED TO FOCUS ON TESTING NEW STORE FORMATS INSTEAD OF CONTINUING TO OPEN CURRENT FORM OF STORES. WE WILL ALSO REVIEW AND OPTIMISE OUR STORE LOCATIONS​.SAYS ‍ABILITY TO DELIVER OUR OFFERING DIGITALLY IS ALSO KEY AND A PRIORITISED PART OF STRATEGIC REVIEW AND, ACCORDINGLY, WE STARTED EFFORTS TO DEVELOP THIS AREA AS AN INTEGRATED PART OF STRATEGIC PLAN​.

Kingfisher Says Completes Acquisition Of Praktiker Romania​

Friday, 1 Dec 2017

Dec 1 (Reuters) - Kingfisher Plc ::‍HAS COMPLETED ACQUISITION OF PRAKTIKER ROMANIA S.A. FOLLOWING RECEIPT OF COMPETITION APPROVAL​.

Bricorama To Sell Co's French And Spanish Activities To Groupement Les Mousquetaires‍​‍​

Wednesday, 29 Nov 2017

Nov 29 (Reuters) - BRICORAMA SA ::AND ITM EQUIPEMENT DE LA MAISON SIGN AGREEMENT FOR ACQUISITION OF CO'S FRENCH AND SPANISH ACTIVITIES.ACQUISITION OF THOSE ACTIVITIES BY ITM'S SUBSIDIARY GROUPEMENT LES MOUSQUETAIRES‍​‍​.AND ITM EQUIPEMENT ANTICIPATE REALISATION OF OPERATION IN Q1 2018‍​.PROPOSED TRANSACTION VALUES SOLD BUSINESSES ON BASIS OF ENTERPRISE VALUE OF EUR 385 MILLION.

Lowe's reports Q3 earnings per share of $1.05

Tuesday, 21 Nov 2017

Nov 21 (Reuters) - Lowe's Companies Inc :Lowe's reports third quarter sales and earnings results.Q3 earnings per share $1.05.Q3 sales $16.8 billion versus I/B/E/S view $16.59 billion.Q3 earnings per share view $1.02 -- Thomson Reuters I/B/E/S.Lowe's Companies Inc- ‍total sales are expected to increase approximately 5 percent in fiscal year 2017​.Lowe's Companies Inc - ‍comparable sales are expected to increase approximately 3.5 percent in fiscal year 2017​.Lowe's Companies Inc - ‍comparable sales increased 5.7 percent for Q3​.Lowe's Companies Inc- ‍diluted earnings per share of $4.20 to $4.30 are expected for fiscal year ending February 2, 2018​.Lowe's Companies Inc - ‍hurricane-related sales in quarter were approximately $200 million​.FY earnings per share view $4.50, revenue view $68.40 billion -- Thomson Reuters I/B/E/S.

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