Both Lowe’s and Home Depot reported strong earnings and revenue growth in February. That’s a sign that consumers are spending more on home projects. Lowe’s cautioned however that consumers are still holding back, but according to Lowe’s CEO Robert Niblock “They’re pursuing great value and great deals.” In other words they’re buying products.
According to the landscape professionals I’ve been talking to, they’re also hiring companies to complete landscape projects.
That’s good news for the both growers and service providers in the Green Industries. Both Lowe’s and Home Depot were cautiously optimistic that the trend would continue. The complete article is at Forbes.com at http://bit.ly/fSA4sL
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