Business News

Foreign Markets Surge

A busy spring pushed Home Depot's sales at U.S. stores higher by 7.1% in the first quarter. Home Depot earned a profit $1.58 billion for the quarter. Sales climbed to $20.89 billion. Home Depot now sees 2015 earnings rising about 11% to 12%.  (AP)

Wal-Mart reported a 7% decline in first-quarter profits as worker pay raises, spending on e-commerce and currency fluctuations put pressure on the bottom line at the world's largest retailer. The company also reported a 1.1% increase for same store sales, its third consecutive quarter of increases. Wal-Marts profits were $3.34 billion on sales of $114.0 billion. (AP)

Dick's Sporting Goods reported fiscal first-quarter profit of $63.3 million. The sporting goods retailer posted revenue of $1.57 billion in the period. Dick's shares have risen 13% since the beginning of the year is up 9% in the last 12 months. (AP)

On Air Now

Dan Bongino
Dan Bongino
9:00am - 12:00pm
The Dan Bongino Show

FlashAlert

KBND ON FACEBOOK

News Disclaimers