Lowe’s Grill Sales Up, Home Depot Waiting on HELOCs – Retail Round-Up

Lowe’s and Home Depot both reported their Q4 earnings this week, and they both had similar takeaways. Both businesses are traditionally dependent on home sales, but there is one market dynamic that could change that.

Lowe’s Grill Sales Up

In addition to the dynamic with interest rates and home sales, Lowe’s explicitly mentioned their grill sales for the quarter. There’s a couple good grill selling days in there from holiday discounting, but we didn’t anticipate hearing much about grills in Q4.