US shoppers under pressure are expected to spend less at Home Depot, but the home improvement retailer may make up some of the loss with professional consumers.
Home Depot's (HD) Q1 results reflect the impacts of the late start of spring and continued soft demand for some discretionary projects, which weighed on sales. Higher costs hurt the bottom line.
Lowe's (LOW) adapts to retail shifts with innovative strategies and a focus on customer engagement, overcoming economic challenges to maintain its leadership in the home improvement sector.