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Recent Articles

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John Burns Consulting: Lack of inventory, aging US housing stock mean many homeowners will 'trade up-in-place' by remodeling; 1.3 million single-family homes in prime remodeling years expected to undergo kitchen/bath remodel annually from 2025 to 2027

Biedronka to add 130-150 new stores, remodel around 350 stores in 2023; company also promises to keep prices low, says growing cautious consumer behavior should continue to increase the importance of prices in buying decisions

Inditex is planning to open at least 10 new Zara stores across the US by 2025; at least a dozen other locations will be revamped, enlarged

Canaccord maintains Doman Building Materials at hold and raises target by C$1 to C$6, says near-term housing outlook remains soft and R&R spending to moderate; in US, housing starts down 3% in 2022, and expected to decline 27% year-over-year in 2023

CIBC reiterates Canfor at outperformer and cuts target C$1 to C$28 on lower expected free cash flow generation over 2023/2024; profitability likely depressed in 2023 amid weak lumber markets, but favorable long-term R&R spending trends should be a benefit

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