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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

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2 comments:

Unknown 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.

October 17, 2007 at 11:11 PM
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

October 18, 2007 at 12:26 AM

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