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Home-Improvement Sector Saw Generally Stable Demand in 3Q -- Market Talk

Home-Improvement Sector Saw Generally Stable Demand in 3Q -- Market Talk

Dow JonesDow Jones2026/11/11 18:48

1348 ET - Both Home Depot and Lowe's are scheduled to report quarterly earnings next week, with sector sales data suggesting that demand stayed generally stable in the third quarter, Baird analysts say in a research note. Baird's channel checks suggest that Home Depot could post slightly better-than-expected comparable sales. The analysts say they remain comfortable with Wall Street's fourth-quarter projection, citing broadening demand through the first half of the year. Meanwhile, recent checks and analysis of third-party data leaves the analysts reasonably comfortable that Lowe's can hit its flattish comp outlook. (connor.hart@wsj.com)

(END) Dow Jones Newswires

November 11, 2026 13:48 ET (18:48 GMT)

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