Seeking Alpha

Lowe's pushed higher by strong Home Depot numbers

  • Shares of Lowe's (NYSE:LOW) are higher in early trading after rival Home Depot shows strong growth in its Q2.
  • A late start to the spring selling season helped to boost Home Depot's results.
  • Retail analysts note Home Depot likely picked up market share in the U.S. after growing comps 6.4% (3.9% expected at Lowe's).
  • Lowe's reports earnings tomorrow.
  • LOW +1.6% premarket
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