The Home Depot Inc
FILE - In this July 10, 2019, file photo shoppers visit the downtown Target store in Minneapolis. Target has reported surging sales and profits for its fiscal first quarter thanks to shoppers who bought more apparel as they emerge from the pandemic. (AP Photo/Jim Mone, File)
Target's profit surges as Americans cast restrictions aside

By Anne D'innocenzio May. 19, 2021 06:51 AM EDT

FILE - In this Feb. 22, 2021 file photo, shoppers arrive at a Macy's in Charlotte, N.C. Macy’s emerged from an unprecedented year by swinging to a profit and it upped its expectations for the year. The retailer on Tuesday, May 18, 2021, posted net income of $103 million, after reporting a loss in the same period a year earlier. (AP Photo/Chris Carlson, File)
Retailer results so far show people are going out, spending

By Anne D'innocenzio May. 18, 2021 12:52 PM EDT

A Home Depot store is shown, Friday, May 14, 2021, in North Miami, Fla. Home Depot continues to fill the needs of the surging housing market during the pandemic, with fiscal first-quarter sales soaring and blowing past Wall Street's expectations. (AP Photo/Wilfredo Lee)
New year, same results; 1Q sales roar at Home Depot

By Michelle Chapman May. 18, 2021 06:40 AM EDT

A man walks by an electronic stock board of a securities firm in Tokyo, Wednesday, May 19, 2021. Asian shares fell Wednesday, tracking a decline on Wall Street led by big technology stocks. (AP Photo/Koji Sasahara)
Asian shares drop, tracking Wall Street decline led by tech

By Yuri Kageyama May. 18, 2021 03:21 AM EDT

FILE - A customer covers face as he walks to a Lowe's home- improvement store in Vernon Hills, Ill., Wednesday, Feb. 3, 2021. Lowe’s Cos. extended its strong sales streak through the holiday season as customers kept investing in their homes during the pandemic. The nation’s second largest home improvement retailer behind Home Depot reported that fourth-quarter profits almost doubled from a year ago, while sales rose 27%. (AP Photo/Nam Y. Huh)
Lowe's 4Q results surge as people plow money into homes

By Anne D'innocenzio Feb. 24, 2021 09:20 AM EST

Shopping carts are lined up at The Home Depot store on Monday, Feb. 22, 2021, in Cornelius, N.C. The Home Depot’s fiscal fourth-quarter sales surged 25% as the home improvement chain continues to meet the demands of consumers stuck at home and a resilient housing market. (AP Photo/Chris Carlson)
In year of pandemic, Home Depot became supplier to millions

By Michelle Chapman Feb. 23, 2021 06:50 AM EST

In this photo provided by the New York Stock Exchange, a specialist works at his post on the trading floor, Monday Nov. 30, 2020, in New York. Companies in the S&P 500 reported that their earnings held up surprising well in the third-quarter despite an economy still struggling to recover from the virus pandemic. (Nicole Pereira/New York Stock Exchange via AP, File)
3Q earnings offer an unexpected light in pandemic darkness

By Damian J. Troise Dec. 03, 2020 10:10 AM EST

Remote sales tax in Alaska projected to raise up to $10M

Dec. 01, 2020 09:47 AM EST
FAIRBANKS, Alaska (AP) — A group of Alaska communities collecting remote sales tax is projected to take in between $8 million and $10 million in new revenue...

Ani Sirois puts lights and decorations on the family's Christmas tree at her home on Tuesday, Nov. 24, 2020 in Portland, Ore. Sirois, a respiratory nurse, has spent months caring for coronavirus patients at a Portland hospital. But on a recent sunny day, COVID-19 seemed far away as she, her husband and their 2-year-old daughter roamed a Christmas tree farm in search of the perfect evergreen for a holiday season unlike any other. The family was tree-shopping nearly a week before Thanksgiving and, for the first time, they were picking their own tree instead of buying a pre-cut one. (AP Photo/Paula Bronstein)
Many turn to real Christmas trees as bright spot amid virus

By Gillian Flaccus Nov. 27, 2020 10:00 AM EST

FILE - In this Aug. 27, 2019 file photo, the Best Buy logo is shown on a store in Richfield, Minn. On Tuesday, Nov. 24, 2020, Best Buy Co. reported fiscal third-quarter results that blew through analysts’ expectations as the nation’s largest consumer electronics retailer saw surging demand for items like home theater and appliances that help people learn, cook, work and connect in their homes during the pandemic. (AP Photo/Jim Mone)
Best Buy reports 3Q results that exceed Wall Street views

By Anne D'innocenzio Nov. 24, 2020 11:41 AM EST

FILE - In this March 22, 2020 file photo, customers wearing masks walk into a Lowe's home improvement store in the Canoga Park section of Los Angeles. Lowe's announced Wednesday, Oct. 7, 2020 that it is handing out another round of bonuses to recognize its front-line employees in light of the COVID-19 pandemic. (AP Photo/Mark J. Terrill)
Sales surge at Lowe's as the homebound take on more projects

By Michelle Chapman Nov. 18, 2020 07:53 AM EST

FILE - In this April 3, 2020 file photo, a Home Depot customer pushes a cart loaded with supplies in New York. Home Depot is buying HD Supply Co., a distributor of maintenance, repair and operations products in the multifamily and hospitality end markets, in a deal valued at about $8 billion. The transaction is expected to close during Home Depot's fiscal fourth quarter. (AP Photo/Mark Lennihan, File)
Isolated Americans spend at home; Home Depot is there for it

By Michelle Chapman Nov. 17, 2020 06:39 AM EST

FILE - In this April 3, 2020 file photo, a Home Depot customer pushes a cart loaded with supplies in New York. Home Depot is buying HD Supply Co., a distributor of maintenance, repair and operations products in the multifamily and hospitality end markets, in a deal valued at about $8 billion. The transaction is expected to close during Home Depot's fiscal fourth quarter. (AP Photo/Mark Lennihan, File)
Home Depot reunites with HD Supply in deal valued at $8B

By Michelle Chapman Nov. 16, 2020 11:22 AM EST

FILE- In this March 22, 2020 file photo customers wearing masks walk into a Lowe's home improvement store in the Canoga Park section of Los Angeles. A massive surge in online sales and increased business at its U.S. stores helped push Lowe’s second-quarter performance above analysts’ estimates. Similar to rival Home Depot, Lowe’s Cos. has experienced stronger interest in its products as people continue to stay home amid the virus outbreak. (AP Photo/Mark J. Terrill, File)
DIY projects ramp up in pandemic, and so do sales at Lowe's

By Michelle Chapman And Anne D'innocenzio Aug. 19, 2020 07:00 AM EDT

FILE - In this Tuesday, Aug. 4, 2020 file photo, people walk through the parking lot at a Target store in Oklahoma City. Target has reported that its sales as measured by a key metric registered their strongest performance to date for the company’s fiscal second quarter. It's the latest evidence that big-box stores are becoming consumers' prime shopping destinations during the pandemic. (AP Photo/Sue Ogrocki, File)
Target sales surge as Americans lean on big box stores

By Anne D'innocenzio Aug. 19, 2020 06:49 AM EDT

FILE - In this March 31, 2020 file photo, a woman pulls groceries from a cart to her vehicle outside of a Walmart store in Pearl, Miss. Walmart will require customers to wear face coverings at all of its namesake and Sam's Club stores. The company said the policy will go into effect on Monday, July 20, 2020 to allow time to inform stores and customers. (AP Photo/Julio Cortez, File)
Virus-induced spending spurs sales at Home Depot, Walmart

By Anne D'innocenzio Aug. 18, 2020 07:34 AM EDT

FILE - In this March 14, 2020 file photo, an Apple retail store is closed at a local mall in Scottsdale, Ariz. Apple is temporarily closing 11 stores in Arizona, Florida, North Carolina and South Carolina just few weeks after reopening them in hopes that consumers would be able to shop in them without raising the risk of infecting them or company workers with the novel coronavirus that caused COVID-19. (AP Photo/Ross D. Franklin, File)
Apple re-closes some stores, raising economic concerns

By Tali Arbel And Michael Liedtke Jun. 19, 2020 01:45 PM EDT

FILE - In this March 22, 2020 file photo, customers wearing masks walk into a Lowe's home improvement store in the Canoga Park section of Los Angeles. Lowe’s move to revamp its outdated online business in recent months paid off during the first quarter, as shut-in shoppers shifted to its online services for supplies for their do-it-yourself home projects during the pandemic. The nation’s second-largest home improvement retailer behind Home Depot saw an 80% increase in online sales for the quarter, reported Wednesday, May 20. (AP Photo/Mark J. Terrill)
Lowe's retooled online business pays off during the pandemic

By Anne D'innocenzio May. 20, 2020 12:28 PM EDT

Update on the latest in business:

May. 19, 2020 01:15 PM EDT
FINANCIAL MARKETS Stocks mixed after big Monday gain NEW YORK (AP) — Stocks are mixed on Wall Street Tuesday, a day...

Stocks mixed...Home building plunges...Walmart profit surges

May. 19, 2020 10:41 AM EDT
NEW YORK (AP) — Stocks are mixed in early trading on Wall Street, a day after the market had its biggest jump in more than five weeks. Banks were posting the...