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Wednesday, October 17, 2007

Who do you like better, Home Depot or Lowes?

A tough year for home-improvement retailers just got tougher. Home Depot (HD) reported soft second-quarter earnings on Aug. 15 and cautioned that it expects only slight gains for the rest of 2006 (see BusinessWeek.com, 8/16/06, "Wal-Mart, Home Depot Hit Potholes"). Fast-forward nearly one week, and it's a similar story: Lowe's (LOW) echoed its larger rival on Aug. 21, posting lackluster second-quarter results and warning of a sales slowdown.

- reported from BusinessWeek.com

2 comments:

Anthony said...

I will go with Home depot since i work there. People come to my store and tell us all the time that the service is quite better with the Home Depot too.

dgatt said...

Home Depot had 90 billion in revenue in 2005-6 verse Lowes who had 47 billion shows in a financial bout Home Depot still prevails
- Stats from Forbes Magazine