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The home depot lowe s. The two have been long time rivals in the segment with home depot leading the race by being the number one home improvement retailer in the united states and lowe s. Happily situated in a very sweet spot in the marketplace right now the home improvement and remodeling sector they are also two of the best run most. One reason investors like home depot and lowe s is the perception that they re amazon proof that means a huge physical retail presence in the e commerce age. Lowe s was leading home depot in performance with its shares up 46 year to date.
Lowe s with some 2 000 stores isn t far behind home depot with nearly 2 300 but its sales trail 72 2 billion in 2019 compared with 110 2 billion for home depot in 2019. Shop online for all your home improvement needs. Both have seen revenue and net income grow by double digits as millions of homeowners have found. Each operates more than 2 000 stores with more than 100 000 square feet of retail space.
A bigger bang for home depot s buck. Home depot draws more of its business from home. 2020 has been a hugely successful year for home improvement retail giants home depot and lowe s. Home depot and lowe s are weathering the pandemic as well as any two companies in the country building on the wave of success they ve been riding for the past several years.
Both home depot and lowe s are the two biggest home improvement companies in the united states of america and does attract the same customer base looking for similar products. Home depot and lowe s are both giants of the home improvement sector.
