Rabu, 23 Februari 2011

Lowe's, Home Depot say homeowners spending more

Click photo to enlargeNEW YORK -- Home owners are starting to spend more on home-improvement projects despite the weak housing market, quarterly results from Lowe's and Home Depot show.Lowe's said Wednesday its fourth-quarter profit rose 39 percent as its shoppers spent slightly more per visit.The results beat Wall Street estimates, but Lowe's cautioned that consumers are still holding back and gave a first-quarter forecast that could miss analyst expectations. Its shares fell nearly 3 percent

Read more ...

Tidak ada komentar:

Posting Komentar