Barron’s reported on Sunday that home improvement retailers The Home Depot and Lowe’s are strongly positioned financially going into Spring. Homeowners are undertaking renovations and projects due to a healthier economy and improved real estate markets. Barron’s also states that The Home Depot and Lowe’s are “Amazon-proof” as home improvement is low on the list of categories Amazon is penetrating.
The Home Depot has out-performed Lowe’s over the last several quarters in same-store performance, but Lowe’s is attractive to investors for its lower price-to-earnings ratio. Both retailers are expected to see revenue and stock price increases.
Lowe’s trades at $82, 18 times its $4.62 earnings per share, while The Home Depot trades at $147, 20.4 times its earnings of $7.19 per share.
Accelerated Analytics provides POS reporting and analysis for dozens of DIY vendors who sell through home improvement retailers, reporting on over $11B in sales per year in this segment alone. DIY vendors can learn more about our expert solutions for DIY, home and hardware vendors on our new website solutions pages.
Source: Reuters.com
Related posts
