Category: Home Improvement

Tempur Sealy, Home Depot, Etsy, RH and Williams-Sonoma

For Immediate Release

Chicago, IL – August 6, 2020 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Tempur Sealy International, Inc. TPX, The Home Depot, Inc. HD, Etsy, Inc. ETSY, RH RH and Williams-Sonoma, Inc. WSM.

Here are highlights from Wednesday’s Analyst Blog:

Home Improvement Spree Props E-Commerce Stocks: 5 Picks

The coronavirus outbreak has swelled the traffic to online shopping platforms with more people at home due to lockdowns.

Read more

Spectrum Brands (SPB) Q3 Earnings & Sales Beat Estimates

Spectrum Brands Holdings Inc. SPB posted better-than-expected results in third-quarter fiscal 2020. Results gained from solid demand for its products throughout the quarter. Notably, the majority of its segments delivered sturdy sales growth. However, supply-chain disruptions related to the Hardware & Home Improvement segment hurt quarterly growth to some extent.

Moving on, the company’s global productivity improvement plan savings contributed to quarterly growth. Encouragingly, this plan is anticipated to generate at least $100 million of full run-rate cost savings over the next nine to 12 months.

Despite such upsides, management withdrew the fiscal 2020 view. That said, demand remains

Read more

Birx warns rural US; GOP Michigan lawmaker opposed to Whitmer’s restrictions has COVID; stimulus negotiations resume

Congressional leaders and White House officials are scheduled to meet Monday to continue negotiating a proposed $1 trillion stimulus package. After a productive meeting Saturday, Republicans and Democrats blamed one another for the deadlock and the expiration of a $600 weekly unemployment benefit.

The hits to retail keep coming: Lord & Taylor and, separately, Tailored Brands, the parent company of Men’s Wearhouse and Jos. A. Banks, have filed for bankruptcy.

Philadelphia Eagles head coach Doug Pederson became the second NFL coach to test positive for COVID-19. Pederson is “asymptomatic and doing well,” the team announced Sunday. More pro athletes opted

Read more

6 Ways to Finance Your Home Improvement Project

If you’ve been staring at the four walls of your home since March, you might feel an itch to finally finish your basement or update your bathroom tiles. As long as you’re at home, you might as well enjoy what you’re looking at, right?

According to a survey by online lender LightStream, 73% of homeowners are planning a home improvement project this year. Nearly two-thirds of homeowners planning renovations will use savings, the survey says. Those who don’t have savings or choose not to spend it will need to weigh their options for financing their renovation projects.

The best way

Read more

76% of Homeowners Made Home Improvements During Pandemic

With many consumers spending more time indoors because of the pandemic, some homeowners have used at least a portion of that time to make improvements on their homes.

Porch, a company that connects homeowners and home improvement professionals, surveyed homeowners to gauge whether the coronavirus outbreak has stopped them from moving forward with their home improvement plans. The survey found that not only were most homeowners not deterred by the pandemic, but many have taken action because of it.

A renewed focus on home amid the pandemic

Some earlier studies have suggested that consumers may be putting off plans to

Read more