Lowe's (LOW) Home Depot is trading ~3% lower today after […]
Home Depot (HD) is beating Lowes (LOW)
August 25, 2022
With interest rates on the rise, and home sales slowing, many LikeFolio clients want to know – how is the home renovation market holding up?
The answer: Surprisingly well.
| The Covid-inspired renovation boom of 2020 has certainly pulled back but is now forming a new base at levels that would have been considered “extremely strong” just a few years ago. With the renovation-consumer strong, we naturally wonder which of the two big players is winning, Home Depot (HD) or Lowes (LOW)? One look at LikeFolio’s Outlier Grid tells the story… |
Home Depot is seeing positive consumer demand growth (horizontal axis), while Lowe’s is negative year over year.
On top of that, Home Depot has a slight edge in consumer happiness (vertical axis).
Faster demand growth and happier customers are a winning combination in any business.
Home Depot has both – and its shareholders should be confident.
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Tags:
$LOW, HD, Home Depot, Lowe's