Home Depot (HD +5.5%) is up after beating Q2 estimates and lifting FY11 guidance this morning;...

|By:, SA News Editor

Home Depot (HD +5.5%) is up after beating Q2 estimates and lifting FY11 guidance this morning; archrival Lowe's (LOW +2%), by contrast, only edged higher yesterday after missing Q2 forecasts. Q2 represents the 9th straight quarter Home Depot's same-store sales outpaced Lowe's - the company's store overhaul strategy appears to be paying off. (PR) (transcript)