Analyst Review on Home Depot and Lowe's - Home Improvement Stores Improving Amid Positive Environment

Analyst Review on Home Depot and Lowe's - Home Improvement Stores Improving Amid Positive Environment

CHICAGO, IL -- (Marketwire) -- 11/28/12 -- Today's Free Analyst Review - The Home Depot Inc.(NYSE: HD) and Lowe's Companies Inc.(NYSE: LOW)

The continuing recovery of the housing market, albeit at a sluggish pace, is a positive for home improvement stores, such as Home Depot and Lowe's. However, with the macro economy still on shaky ground many anticipate that large remodeling projects will remain on the back burner for now. In the short-term the industry stands to see a boost from Hurricane Sandy which preliminarily sent consumers out to buy flashlights, generators, batteries and other precautionary materials, and later caused them to return for reparation materials. Street-Wire.com posted free reports on Home Depotand Lowe's, which are available at
http://www.street-wire.com/

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Last week Lowe's Companies impressed with their third quarter earnings of 40 cents per share, 11.1 percent higher than a year earlier. During the period Lowe's enjoyed a 1.9 percent rise in revenue and the company stated that it remains focused on improving its core business. Home Depot financial analysis available for free at
http://www.street-wire.com/HD28112012.pdf

Home Depot also seems to be impressing investors recently, as third quarter adjusted earnings per share grew by 23.3 percent year-over-year. The company's margins also improved, as did in-store traffic and average ticket size, which may have benefited from the company making its stores simpler and more customer-friendly. Our financial analysis on Lowe's Companies Inc. can be accessed at
http://www.street-wire.com/LOW28112012.pdf

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Source: Street-Wire.Com