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HCN Stock Watch: LL down a couple bucks

BY HBSDEALER Staff

Lumber Liquidators’ (LL) shares dropped a couple dollars on Thursday — a 4.56% decrease — as many of its peers also lost some traction.

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Whitepaper examines the OPE market

BY HBSDEALER Staff

General Transmissions, Inc. has released a new white paper examining the role of continuously variable transmissions (CVTs) in the U.S. outdoor power equipment (OPE) market.

Titled "Continuously Variable Transmissions Are Ready To Roll Into The Outdoor Power Equipment Market," the white paper looks into CVT technology, the likelihood of increased demand for it in the near future, and the potential it weilds for products like lawn tractors, snow throwers and self-propelled lawn mowers.

A belt-driven CVT, as the paper explains, involves the use of a drive belt and two pulleys to transfer engine speed to the drive components of OPEs. However, more sophisticated models are emerging.

According to General Transmissions, CVTs are already widely used in outdoor power sports equipment like snowmobiles and ATVs but have not caught on as much (yet) in OPE products.

Among the benefits listed of using CVTs are greater operating efficiency and maintenance-free operation.

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Home Depot Foundation launches Spring into Service Campaign

BY HBSDEALER Staff

In honor of the vernal equinox, The Home Depot Foundation is launching its second-annual Spring into Service campaign for the season.

As part of the Foundation’s five-year, $80 million commitment to veterans, the initiative is aimed at planting edible gardens to help provide fresh fruits and vegetables for 1,000 homeless veterans.

One hundred volunteers from Team Depot will break ground in Charlotte today, where the first edible garden will be planted in partnership with The Rotary Club of Gastonia.

"On any given night, there are nearly 60,000 homeless veterans," said Kelly Caffarelli, president of The Home Depot Foundation. "We’re excited to put our gardening skills to work and celebrate the spring season with many of our nonprofit partners that provide safe housing to homeless veterans by planting healthy fruits and vegetables like tomatoes, squash, berries and peppers that will serve veterans in need for years to come."

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