But that gap, too, has been narrowing. In part, Lowe's is benefiting from concerns about slowing growth at Home Depot. But that kind of expansion can only go on for so long. Those are never going to be as exciting as building store base. For now, Lowe's appears to be on the right track.
Home improvement is a growing business, especially with interest rates still trending downward.
And neither company is anywhere near saturating the market. But over time, the markets of the two players will overlap more and more. That's when the hammer could come down. The McGraw-Hill Companies Inc. All rights reserved.