With lumber prices going into free fall lately after soaring to record highs just a few months ago, at least one prominent American business executive has a simple explanation: It’s all a matter of ...
The home improvement market is bracing for a bumpy road. Two of the largest home improvement retailers, Home Depot (HD) and Lowe's (LOW), warned of softness in the market in recent earnings reports, ...
America’s biggest home-improvement chains say the lumber market is returning to normal after a period of extreme and record volatility. A near doubling of lumber prices zapped consumer demand at do-it ...
Home Depot signaled the swings in lumber prices plaguing builders are not going to abate anytime soon. "When lumber hit those extraordinary highs in the early part of last year, we saw a dramatic unit ...
Sliding lumber prices and softer consumer demand hit sales at Home Depot in the first quarter. Framing lumber prices dropped 64% in a year, while sales for patio furniture and grills softened. "DIY ...
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