Home improvement retailers Lowe’s (NYSE: LOW) and Home Depot (NYSE: HD) turned a corner, and their Q4 2024 earnings reports confirmed it. The corner is a return to comparable store growth. This is critical because it is the first quarter in over a year with positive comp store growth, a signal of end-market strength and operational efficiencies.
The takeaway for investors is that organic growth is expected to continue in 2025, compounded by increased store counts, sustaining the outlook for improving shareholder value and capital returns, the underpinning forces driving their stock price action.
