Shoppers continue to flock to Home Depot and Lowe’s, as home improvement projects have eclipsed other forms of entertainment spending. Investment firm Wedbush Securities highlighted this trend in an August…
Tag: Lowes
At Home Depot and Lowe’s, Home-Improvement Splurge Can Go On
Home-improvement retailers Home Depot HD -3.25% and Lowe’s LOW -4.70% had a phenomenal quarter, but investors aren’t in the mood to savor the gains. Home Depot’s sales grew 23.4% in…
Lowe’s beats sales expectations as home improvement spending surges
(Reuters) – Lowe’s Cos Inc (LOW.N) blew past analysts’ estimates for quarterly sales and profit on Wednesday as it benefited from a surge in demand for paint, tools and barbecue…