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Stock impact report

Battle Of The Duopolies: Lowe's Vs Home Depot. Which One Is The Better Buy? [Seeking Alpha]

Lowe's Companies, Inc. (LOW) 
Last lowe's companies, inc. earnings: 2/26 06:00 am Check Earnings Report
Company Research Source: Seeking Alpha
This led both company management teams to trim fiscal year guidance. Both offer safe, and growing dividends allowing investors in search of dividends to sleep well at night. With the higher for longer environment and expected recession, both companies will likely continue to face downward pressures going into 2024. Value seeking customers also continue to affect both companies, but one company in particular seems to be taking advantage. Introduction Both Lowe's ( NYSE: LOW ) and Home Depot ( NYSE: HD ) operate similar businesses and recently reported Q3 earnings earlier this month. Both saw sales decline in the quarter, leading both to trim their guidance. LOW and HD are both safe, high-quality businesses with LOW being a dividend king and HD a dividend aristocrat. 2023 is coming to an end soon but it has shaped up to be an uneventful and challenging year for many stocks. With the macro environment continuing to place pressure on these going into 2024, next year could see m Show less Read more
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