Lowes

Lowes, Home Depot and Scotts Miracle-Gro

For Immediate Release

Chicago, IL – June 26, 2020 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Lowes Companies, Inc. LOW, The Home Depot Inc. HD and The Scotts Miracle-Gro Co. SMG.

Here are highlights from Thursday’s Analyst Blog:

Coronavirus Feeds Home Improvement Trends: 3 Stocks to Count On

The COVID-19-induced shelter-at-home orders fueled the need for home improvement by housebound Americans, thereby driving demand for the said industry.

The home improvement space includes Décor and indoor garden, Painting and wallpaper, Tools and hardware, Building materials, Lighting et al.  Apart from essentials, retailers in this industry are witnessing solid demand for gardening and other in-house activity-related products.

Although states are reopening and people are reporting back to work, the emergence

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Are Lowe’s registers down? Outages and ‘technical issues’ reported at home improvement chain resolved

After technical issues were reported at some Lowe’s stores across the country, the home improvement chain confirmed to USA TODAY that systems were operating normally Saturday evening.

The retailer acknowledged “unexpected and unforeseen technical issues” Saturday in a tweet when it responded to a shopper who said his store was “shut down because their bank can’t process all the transactions” and was accepting only cash.

In another tweet Saturday, Lowe’s apologized “for any inconvenience experienced while the systems were down.”

@Ja_Carey483 from Michigan tweeted to the retailer “you all need to get a better computer system, so the whole country doesn’t have to pay cash.”

How much is gas? Prices continue to drop during coronavirus. Here’s where gas sells for less than $1.

Face masks required for Walmart workers: Walmart to require all employees wear face masks starting Monday as part of coronavirus response

Another Twitter user reported long lines

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