Architects and designers have long mused about what the future would hold. In the 1930s, French architect Le Corbusier famously imagined a Radiant City where efficient, concrete block housing was brought to life with thoughtfully cultivated green space. After World War II, American architect Buckminster Fuller imagined people living in inexpensive, mass-producible homes like his portable Dymaxion House, designed to reduce water consumption—it could be shipped to the homeowner in a metal tube. And through the middle of the 20th century, Americans Charles and Ray Eames designed for a world in which furniture was simple, long-lasting, and affordable, in line with their famous ethos to “make the best for the most for the least.” Looking forward has always been part of the job.
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
SpaceX’s first crewed mission is headed back to Earth. Here’s every step that must go perfectly for 2 NASA astronauts to come home safely.
Two NASA astronauts are currently orbiting Earth in a SpaceX spaceship and about to embark on a fiery fall through the atmosphere, into the ocean.
Bob Behnken and Doug Hurley became the first people to fly SpaceX’s brand-new spaceship, the Crew Dragon, on May 30. It was the first crewed launch from American soil since July 2011 and the first-ever launch of a commercial spacecraft with humans inside. The ship docked to the International Space Station the next day, and Behnken and Hurley have since been conducting science experiments and spacewalks there.
But now comes the hard part: bringing them back to Earth.
Behnken and Hurley must hurtle back through the atmosphere — a voyage that will require the spacecraft to weather temperatures up to 3,500
Global Home Improvement Products Market to Reach US$1 Trillion by the Year 2027. Amid the COVID-19 crisis, the global market for Home Improvement Products estimated at US$807. 5 Billion in the year 2020, is projected to reach a revised size of US$1 Trillion by 2027, growing at a CAGR of 3.
New York, July 09, 2020 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Home Improvement Products Industry” – https://www.reportlinker.com/p05817573/?utm_source=GNW
4% over the period 2020-2027.DIY, one of the segments analyzed in the report, is projected to grow at a 3.3% CAGR to reach US$812.2 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the DIFM segment is readjusted to a revised 3.6% CAGR for the next 7-year period. This segment currently accounts for a 19.9% share of the global Home