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At quick glance, Lowe’s has the slight edge in rental prices — $344 to rent an aerator for a week (Home Depot is $360) or $244 for a random orbital floor sander (Home Depot is $260).
Lowe's is the second-largest hardware chain in the United States (previously the largest in the U.S. until surpassed by Home Depot in 1989) behind rival the Home Depot and ahead of Menards. [6] It is also the second-largest hardware chain in the world, also behind the Home Depot, but ahead of European retailers Leroy Merlin , B&Q , and OBI .
Adjustable shelving made from Dexion steel slotted angle. Shelves are normally made of strong materials such as wood, [3] bamboo or steel, though shelves to hold lighter-weight objects can be made of glass or plastic. Do it yourself (DIY) shelves can be made from things such as an old door, [4] colored pencils [5] or books. [6]
Data source: Company earnings reports. For fiscal 2024, Home Depot expects its comps to dip by 2.5%, while Lowe's is guiding for a steeper decline of 3% to 3.5%.
Wood-plastic composite. Wood–plastic composites (WPCs) are composite materials made of wood fiber/wood flour and thermoplastic(s) such as polyethylene (PE), polypropylene (PP), polyvinyl chloride (PVC), or polylactic acid (PLA). In addition to wood fiber and plastic, WPCs can also contain other ligno-cellulosic and/or inorganic filler materials.
The caution comes as Lowe's posted a mixed quarter on Wednesday before the market open. The retailer reported adjusted earnings per share of $2.28, topping above analysts expectations for $2.21.
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