Advertisement
Singapore markets closed

  • Straits Times Index

    3,264.53
    -35.51 (-1.08%)
     

  • S&P 500

    5,187.70
    +6.96 (+0.13%)
     

  • Dow

    38,884.26
    +31.99 (+0.08%)
     

  • Nasdaq

    16,332.56
    -16.69 (-0.10%)
     

  • Bitcoin USD

    62,225.25
    -1,784.22 (-2.79%)
     

  • CMC Crypto 200

    1,321.28
    +26.61 (+2.06%)
     

  • FTSE 100

    8,339.94
    +26.27 (+0.32%)
     

  • Gold

    2,323.00
    -1.20 (-0.05%)
     

  • Crude Oil

    77.49
    -0.89 (-1.14%)
     

  • 10-Yr Bond

    4.4630
    -0.0260 (-0.58%)
     

  • Nikkei

    38,202.37
    -632.73 (-1.63%)
     

  • Hang Seng

    18,313.86
    -165.51 (-0.90%)
     

  • FTSE Bursa Malaysia

    1,604.75
    -0.93 (-0.06%)
     

  • Jakarta Composite Index

    7,088.79
    -34.82 (-0.49%)
     

  • PSE Index

    6,659.18
    +40.60 (+0.61%)
     

Lowe's Sees Bigger Sales Increase Than Rival Home Depot

Jennifer Saibil, The Motley Fool
·2-min read
Lowe's Sees Bigger Sales Increase Than Rival Home Depot

Lowe's (NYSE: LOW) efforts to increase sales, pump up digital, and become a serious threat to Home Depot's (NYSE: HD) hold on the top spot in home improvement are paying off in a big way as the COVID-19 pandemic sent shoppers to town in the home improvement area. Home Depot's comps increased 6.4% with U.S. comps rising 7.5% during the same period. As an essential business, Lowe's has been allowed to keep its stores open, but digital became more important as people stayed at home.

Continue reading