Seeking Alpha

Strong quarter for Home Depot, Lowe's next?

  • Home Depot (HD +2.2%) trades higher after an impressive quarter during which it beat estimates and raised its full-year outlook.
  • The company saw comparable store-sales rise 10% on a two-year comparison stack as demand across categories was strong.
  • The strong report bodes well for Lowe's (LOW +0.5%) which reports earnings tomorrow.
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