Markets

A boom in home renovations amid the pandemic will drive record sales growth for home improvement chains Home Depot, Lowes, according to Bank of America

Home Depot and Lowe’s are tracking to report record second quarter sales growth, according to Bank of America. The bank said its own credit-card spending data showed a continued surge in home improvement spending throughout the second quarter. The spending boom has in part been driven by the COVID-19 pandemic, […]
A boom in home renovations amid the pandemic will drive record sales growth for home improvement chains Home Depot, Lowes, according to Bank of America