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Home Depot, Lowe's On Track To Grow 2022 Earnings

6 24 9
09.08.2022

and Lowe's (NYSE: LOW) have become ubiquitous sightings throughout American cities and towns, large and small. Both home-improvement giants operate north of 2,200 stores each.

Both are on deck to report earnings next week.

Perhaps I'm unique among home-repair consumers, but I'll often go to both interchangeably. The only reason Lowe's often wins out is because it's about five minutes closer to my home.

But in reality, the two companies operate their businesses differently, relying on different suppliers and emphasizing different products in the mix.

For example, in 2020, Home Depot said it would invest $1.2 billion to build about 150 new facilities designed to reach 90% of U.S. customers with same-day or next-day delivery. These centers are dubbed Flatbed Distribution Centers.

Meanwhile, Lowe's last month launched Into the Blue: Lowe's Product Pitch Event, which invites small businesses to pitch their products, which Lowe's could eventually offer for........

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