real-time news and commentary for investors
Wednesday, Oct 23
Strong traffic at Lumber Liquidators bodes well for peers
- The strong outlook from Lumber Liquidators and healthy Q3 earnings beat is helping to prop up shares of Home Depot (HD +0.3%) and Lowe's (LOW +2.1%) on a down market day.
- Of particular interest to the home improvement giants was the nice bounce in traffic and average ticket price at Lumber Liquidators despite the uncertain economic times.