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ºÚÁϳԹÏÍø Depot's third quarter was mixed with fewer violent storms reaching shore, more anxiety among U.S. consumers and a housing market that is in a deep funk.

Retailers are expressing optimism about the resilience of U.S. consumers, a sentiment that could soon be put to the test as tariff-fueled price hikes increasingly show up on shelves.

Lowe's and rival ºÚÁϳԹÏÍø Depot have intensified their focus on professional builders.

Sales at stores open at least a year, a key indicator of a retailer’s health, rose 1%. In the U.S., comparable store sales increased 1.4%.

ºÚÁϳԹÏÍø Depot has agreed to acquire specialty building products distributor GMS for $4.3 billion, its latest effort to grab more spending from professional contractors.

QXO won’t raise its $5 billion offer for building products distributor GMS after ºÚÁϳԹÏÍø Depot reportedly made its own bid.

ºÚÁϳԹÏÍø Depot has made an offer for GMS, potentially setting off a bidding war with QXO, which this week made a $5 billion offer for the building products distributor.

ºÚÁϳԹÏÍø Depot’s revenue climbed in the first quarter as customers spent slightly more as they tackled smaller projects.

Lowe’s has agreed to buy an interior services provider for around $1.3 billion, the retailer’s latest effort to expand its footprint with professional contractors amid a soft housing market.

ºÚÁϳԹÏÍø Depot broke a two-year slump in same-store sales during the fourth quarter as customer demand improved in a housing market that has been buffeted by soaring mortgage rates.