Latest news with #Lowe's
Miami Herald
12 hours ago
- Business
- Miami Herald
Home Depot launches surprising new way to take on Costco, Lowe's
Home Depot (HD) has made a couple of multi-billion dollar acquisitions recently. The home improvement retailer bought two large-scale materials distribution and contractor-facing companies over the past year and a half. Related: Popular beer and wings chain closes all restaurants, no bankruptcy 2025 and 2025 saw the following acquisitions: March 2024: Bought SRS Distribution for $18.25 billion, its largest acquisition everJune 2025: Agreed to allow SRS Distribution to buy GMS Inc. for $4.3 billion. "What's attractive about that business is that Lowe's really doesn't compete there," said Michael Baker, a managing director at investment firm D.A. Davidson. But it's not resting on its success anytime soon. Home Depot is looking ahead for other ways to widen the gap between it and its competitors. It may not even be August yet, but Home Depot is already thinking about ways to draw in customers for the busy fall shopping season. On Tuesday, Home Depot said it would start selling its highly anticipated Halloween line, starting on August 4, 2025. This marks its earliest launch yet. The line will see the return of its viral 12-foot tall skeleton lawn ornament, affectionately named Skelly. The launch includes other items, like: Ultra Skelly, a 6.5-foot app-controlled Skeleton15-foot scarecrowColor-changing dragon8-foot animated lawn troll3.5-foot Bride of Chucky5-foot Sitting Skelly's Dog 5-foot LED glowing Skelly's Cat7-foot Skelly's Dog Home Depot's 12-foot Skelly is something of a status symbol among households across the U.S. Between 2020 and 2023, Skelly has sold out within days or even hours at Home Depot stores and online. The 12-foot skeleton was viral on social media, with customers posting their lawn setups on Instagram and TikTok, creating a frenzy of memes about the item. More Retail: Walmart makes drastic change to fight theft amid worrying trendTarget has new plan to win back customers with big savingsHome Depot makes clear statement amid boycott threatsFamous retail chain makes two more alarming store closures Some customers keep it up through other holidays, decorating Skelly for Christmas, the Fourth of July, and other decorative seasons. It features light up LED eyes and a hollow ribcage that customers say is realistic without being too scary or graphic. Skelly retails for $299, which is considered a value prospect compared to other giant Halloween decor items from other stores, like Costco, Lowe's and Spirit Halloween. Lowe's, for example, sells a 12-foot animated Bone Collector halloween lawn ornament for $450. Home Depot sells plenty of other valuable items year round. While the retailer doesn't break down its top most profitable items, the following categories are known winners for Home Depot: Private label brands (such as Husky, Hampton Bay, and Lifeproof)Paint and accessoriesHoliday decorCeiling and lighting fixturesStorage bins and organizational accessoriesSmart home techBath hardware and fixtures Though Home Depot has been targeting professionals and contractors with its recent acquisitions, the store still lends plenty of primary focus on weekend DIYers and small-scale customers. The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.
USA Today
a day ago
- Business
- USA Today
Back-to-school sales aren't just for students: Shop deals at Ulta, Lowe's
Back-to-school savings even mom and dad want to buy! Contrary to popular belief, back-to-school sales aren't just reserved for, well, school-related deals. Sure, there are tons of discounts for students to take advantage of as they prep for the upcoming school year, but there are also plenty of back-to-school deals that offer worthwhile savings for adults and nonstudents alike. Case in point: The Nordstrom Anniversary Sale has deals on trendy Beis luggage essentials that are perfect for the traveler, Ulta Beauty's Glow Back to School sale has steep skincare discounts that are perfect for any beauty guru and Lowe's is offering savings of up to 30% off on Samsung appliances that are perfect for anyone looking to upgrade their home. Ahead, we rounded up the best back-to-school sales to shop this week—no matter if you're an adult ISO a can't-miss deal or a parent looking to treat themselves before the school year kicks off: MORE: The ultimate back-to-school shopping guide: Supplies, dorm essentials, clothing, snacks Best back-to-school sales for adults MORE: Give your kid controllable tech with the Cosmo JrTrack kids smartwatch ⌚️ MORE: Head back to school in style with top shoe deals from Hoka, Rothy's, Nike and more MORE: Spill-prone kiddo? BrüMate's leakproof tumblers are the ultimate back-to-school buy
Axios
a day ago
- Business
- Axios
Retailers launch Halloween early amid tariff fears
It's still swimsuit season — but the giant skeletons are already stirring this Summerween. Why it matters: Big-box retailers — including Home Depot, Lowe's, Walmart and Costco — are moving early on Halloween as tariffs threaten to raise prices and fuel even more urgency among consumers. Halloween is big money for retailers, which is why Summerween has turned the spooky season into a summer shopping event. Last year's holiday sales were projected to reach $11.6 billion, according to the National Retail Federation's annual survey. The big picture: The October holiday is one of the seasonal events most affected by tariffs, with the majority of Halloween items imported from China. The Halloween and Costume Association warned in April that tariffs were threatening to "wipe out Halloween and severely disrupt Christmas." "With tariffs potentially driving up costs later this year, many shoppers are buying now to get ahead," Stephanie Carls, RetailMeNot retail insights expert, told Axios. "Shoppers know if they wait, the best items might be gone or more expensive." Home Depot Halloween collection adds Ultra Skelly Driving the news: Home Depot said Tuesday it will launch its full Halloween collection online on Aug. 4, and in stores ahead of Labor Day. The Atlanta-based home improvement store is adding several new additions to Skelly's family, like a 5-foot dog and cat, Aubrey Horowitz, Home Depot's decorative holiday merchant, told Axios. There's also a new 6.5-foot skeleton called "Ultra Skelly" that is app-controlled and animated that will sell for $279. Lowe's stores already have Halloween Zoom in: Lowe's told Axios all Halloween collections are now available on its website, and an early in-store launch started July 15. The Halloween collection is rolling out to stores in August, with the full in-store reset set for Aug. 11-22. The full online assortment will be refreshed by Aug. 25, Lowe's confirmed. Summerween trend at Walmart, Target, more The intrigue: Walmart told Axios in June that around 1,000 of its stores nationwide added Halloween displays with products ranging from $1 to $10. Michaels launched two of its five Halloween collections on July 25 and its last is planned for Aug. 15. T.J. Maxx and Dollar Tree have also launched Halloween merchandise early in stores and Target 's whole collection is available to preview online. Behind the scare: Halloween and tariffs State of play: The looming impact of tariffs on goods from China — including seasonal décor — is one reason why retailers have been front-loading inventory.
2 days ago
- Business
Retailers go all in on Halloween in July
Adobe says that in the first few weeks of July, purchases of Halloween goods were up 71% as retailers like Michael's and Lowe's look to cash in on the booming trend. July 29, 2025
Yahoo
2 days ago
- Business
- Yahoo
Here's Why Lowe's (LOW) is a Strong Value Stock
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics. Why Investors Should Pay Attention to This Value Stock Different than growth or momentum investors, value-focused investors are all about finding good stocks at good prices, and discovering which companies are trading under what their true value is before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, and Price/Cash Flow to help pick out the most attractive and discounted stocks. Lowe's (LOW) Lowe's has evolved as one of the world's leading home improvement retailer, offering services to homeowners, renters and commercial business customers. The company has been enhancing experience of its pro customers by upgrading pro-focused brands and revamping pro-service business website, Incorporated in 1952 and based in Mooresville, NC, Lowe's has its operations primarily in the U.S. The company offers services to homeowners, renters and commercial business customers. Homeowners and renters principally include do-it-yourself (DIY) customers and do-it-for-me (DIFM) customers who utilize the company's installed sales programs. Commercial business customers consist of those who work in the construction, repair/remodel, commercial and residential property management and business maintenance professions. LOW boasts a Value Style Score of B and VGM Score of A, and holds a Zacks Rank #3 (Hold) rating. Shares of Lowe's are trading at a forward earnings multiple of 18.4X , as well as a PEG Ratio of 2.1, a Price/Cash Flow ratio of 14.6X, and a Price/Sales ratio of 1.5X. Value investors don't just pay attention to a company's valuation ratios; positive earnings play a crucial role, too. Two analysts revised their earnings estimate upwards in the last 60 days for fiscal 2026. The Zacks Consensus Estimate has increased $0.01 to $12.3. LOW has an average earnings surprise of 3.2%. With strong valuation and earnings metrics, a good Zacks Rank, and top-tier Value and VGM Style Scores, investors should strongly think about adding LOW to their portfolios. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Lowe's Companies, Inc. (LOW) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
