HIR-News-02-27-20

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LATEST NEWS, EVENTS & FEATURES                      February 27, 2020
Lowe’s Reports Fourth Quarter Sales And Earnings Results

“In the fourth quarter, we delivered profitability that exceeded our expectations given strong expense management, improving gross margin and enhanced process execution,” commented Marvin R. Ellison, Lowe’s president and CEO.
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Graco Appoints Kevin J. Wheeler to the Board of Directors

Mr. Wheeler serves as President and Chief Executive Officer of A. O. Smith Corporation, a position he’s held since September 2018. 
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Small Businesses Thrive in Today’s Economy

The Bureau of Labor Statistics reported that 225,000 new jobs were created in January, and the current rate of unemployment is 3.6 percent.
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Home Depot Announces 4th Quarter & Fiscal 2019 Results

Comparable sales for the fourth quarter of fiscal 2019 increased 5.2 percent, and comparable sales in the U.S. increased 5.3 percent.
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Granite Named One of the World’s Most Ethical Companies

For the 11th consecutive year, Granite (GVA:NYSE) has been named one of the World’s Most Ethical Companies by the Ethisphere Institute.
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Increase Transactions with Employee Training

There are two fundamental ways for home improvement retailers to increase sales. You can get new customers to shop with your business or you can sell more products to existing customers.
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PPG, Employees Support Coronavirus Relief Efforts In China

PPG announced initiatives to support coronavirus relief efforts in China. The company will donate $143,437 USD (1,000,000 RMB) to the Chinese Red Cross Foundation to assist with mid- to long-term recovery efforts, such as training, mental health assistance or other support for frontline health workers responding to the crisis.
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Orgill Announces Executive Changes

Following several promotions earlier this year, Orgill has announced a number of additional changes in the executive teams at Orgill and Tyndale Advisors.
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Turn Up the Heat on Grill Sales

A few years ago, grilling was a summer pastime. When the season was over, grills were tucked away and retrieved the following year. However, that changed when grilling maestro’s and cooking videos showed everyone how to grill with style and flair.
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