Lowe's Upgrades Its Market Share Challenge Against Home Depot

Demitri Kalogeropoulos, The Motley Fool
·3-min read
Lowe's Upgrades Its Market Share Challenge Against Home Depot

Lowe's (NYSE: LOW) is still outgrowing the booming home improvement industry. The retailer last Wednesday announced third-quarter earnings results that closed the sales and profitability gap with Home Depot (NYSE: HD) as both companies benefit from surging consumer interest in home upgrades. Lowe's Q3 metrics extended the retailer's streak of competitive wins and suggest it may be building durable advantages in areas like e-commerce and the pro contractor niche.