James Boothe | Source | CIO at Brentview Investment Management

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James Boothe

CIO at Brentview Investment Management
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  • Lowe's seen gaining on Home Depot in lockdown DIY boom

    Lowe's is expected to post same-store sales growth of 11.7% when its reports its May-July quarter results, while Home Depot, scheduled to report on Tuesday, is expected to post a 10.2% rise. "Lowe's should outperform Home Depot handily," Wedbush Securities analyst Seth Basham said,

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  • We're expecting Lowe's to beat estimates, but the one challenge they have against Home Depot is their margins. Their sales are coming through, but they need better margins to compete.

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