“Centro Histórico is layered with history,” says Carlos Matos of the Mexico City (CDMX) district where he and Lucas Cantú live and work. Together they make up Tezontle, a multidisciplinary practice named after the indigenous volcanic rock used for construction since the Aztec era. He means “layered” quite literally. The neighborhood in the city center—home to pre-Columbian restaurants, buildings of nearly every architectural style, and a dense network of hardware stores (“It’s like a big factory where we can source materials and get special things made”)—is actually built upon the ruins of Tenochtitlán, the ancient capital of the Aztec empire, invaded by Spanish conquistador Hernán Cortés in 1519. That architectural patchwork serves up endless inspiration for the studio’s totem-like concrete sculptures and furnishings, which meld pre-Columbian aesthetics with contemporary material culture. As Matos, who grew up in CDMX, explains, “We see Mexico City as an archeological site that is still
For Immediate Release
Chicago, IL – August 6, 2020 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Tempur Sealy International, Inc. TPX, The Home Depot, Inc. HD, Etsy, Inc. ETSY, RH RH and Williams-Sonoma, Inc. WSM.
Here are highlights from Wednesday’s Analyst Blog:
Home Improvement Spree Props E-Commerce Stocks: 5 Picks
The coronavirus outbreak has swelled the traffic to online shopping platforms with more people at home due to lockdowns. And the demand for home décor has also gone up significantly with people finding the time to refurbish interiors.
Surge in online shopping of home furnishing products has boosted e-commerce businesses, dealing a massive blow to brick-and-mortar retailers.
Online Delivery Caters to DIY Customers
The use of do-it-yourself (DIY) products
If you’re spending this stressful time confined to a small, lackluster apartment like me, you’ve probably considered some vicarious viewing options.
For me, that has mostly manifested in travel shows. But as I’ve worked my way through the classics of that genre, I’m finding myself perusing a different escapist category ― the home renovation field.
HGTV obviously leads this type of programming, but I’m not really a fan. The homogenous HGTV aesthetic tends to (in my mind) feature rich white people making tacky suggestions that rely on expensive imitations of bric-a-brac such as expensive, oversized brass jack game pieces.
Netflix has tried to compete in this genre over the last few years and offers some semblance of an alternative.
The Netflix renovation shows aren’t perfect. They still have some HGTV homogeneity and tend to have low budgets
Spectrum Brands Holdings Inc. SPB posted better-than-expected results in third-quarter fiscal 2020. Results gained from solid demand for its products throughout the quarter. Notably, the majority of its segments delivered sturdy sales growth. However, supply-chain disruptions related to the Hardware & Home Improvement segment hurt quarterly growth to some extent.
Moving on, the company’s global productivity improvement plan savings contributed to quarterly growth. Encouragingly, this plan is anticipated to generate at least $100 million of full run-rate cost savings over the next nine to 12 months.
Despite such upsides, management withdrew the fiscal 2020 view. That said, demand remains positive for three of its four categories. Also, Spectrum Brands estimates shipments and factory output to improve in the fiscal fourth quarter.
Spectrum Brands Holdings Inc. Price, Consensus and EPS Surprise
Spectrum Brands Holdings Inc. price-consensus-eps-surprise-chart | Spectrum Brands