Lowe’s and Home Depot overcome economic headwinds, post first same-store sales growth in over two years

The trend: Both Lowe’s and Home Depot saw same-store sales growth in Q4, marking their first comparable sales gain since Q3 2022.

• Lowe’s comparable sales rose 0.2% year over year, surpassing the 1.8% decline analysts expected.
• Home Depot’s same-store sales increased 0.8%, easily beating expectations of a 1.7% decline.