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Home Depot, Lowe’s should top sales estimates despite slowdown in July: UBS

Data from UBS points to a slowdown in same-store sales for home improvement companies Home Depot and Lowe’s, following strong activity in May and June, although the firm’s estimates are still higher than consensus. Home Depot is expected to report quarterly results on Tuesday, August 18, while rival Lowe’s is set to release its Q2 report the following day.

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