Home Depot and Lowe's Battle Heats Up as Earnings Rise for Both Companies

While Home Depot still reigns as the largest home center in the world, Lowe's has become the Wall Street darling with its continuing sales and earnings growth.

Lowe's, Wilkerson, N.C., buoyed by a strong housing market and its expansion into new markets, increased its third-quarter profit by 35 percent. Third-quarter net income rose from $250 million to $339 million. Total sales increased 18 percent to $6.4 billion, with same-store sales up 4.1 percent.

“Demographic and societ

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