Home Depot Earnings Review: Rough Weather In Q1 Gives Way To Higher Comparable Sales In Q2 – Nasdaq.com

However, pent-up demand and repair and retrofitting activities in spring and summer fueled growth for the retailer this quarter, with comparable sales rising 5.8%, up from only 2.6% in Q1. Home Depot depends on both new and existing house sales, as following the purchase, consumers look to buy home improvement goods and services to furbish their homes. House sales in turn depend on mortgage rates, home prices and unemployment rates.With economic environment in the domestic market looking up for the rest of the year, consumer spending on durable goods is likely to further improve and boost Home Depot’s financial results in the following quarters. http://www.nasdaq.com/article/home-depot-earnings-review-rough-weather-in-q1-gives-way-to-higher-comparable-sales-in-q2-cm384768

Web-Only Merchants – Oh baby! The Honest Co. nabs $70 million in its latest funding round – Internet Retailer

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products through their stores in some markets. Wellington Management Co. LLP led the funding round, and existing investors Lightspeed Venture Partners , Institutional Venture Partners, General Catalyst Partners and ICONIQ Capital also contributed. This funding will enable us to expand our current category offerings and availability, and develop products across many new and exciting categories, says Brian Lee, The Honest Co. http://www.internetretailer.com/2014/08/27/oh-baby-honest-co-nabs-70-million-its-latest-funding

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