Home Depot’s first-quarter sales improved despite a slow spring start and the home improvement chain raised its full-year guidance despite a cooling housing market that had helped power its profits during the pandemic.
Lowe’s Cos., the nation’s second-largest home improvement chain behind Home Depot, offered an upbeat annual outlook after reporting strong fiscal fourth-quarter results that showed a still sizzling housing market.
Retail sales increased a modest 3 percent during a longer holiday season this year, as homebound shoppers spent more on furnishing and food but less on clothing and jewelry, according to figures released Saturday by a firm that tracks all forms of payments.
When done right, DIYs are great, saving you money and time. They can even be fun and give you a sense of pride in what you’ve accomplished. But they can also be rolling disasters when they go off the rails.
