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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