Lowe's Closes In on its Biggest Rival

It is usually Lowe's (NYSE: LOW) slowest sales period of the year, but the fourth quarter still brought an additional $4 billion to the retailer's sales base. It closed out 2020 by gaining ground against Home Depot (NYSE: HD), too.

Meanwhile, Lowe's said in its earnings report this week that it expects another year of improving market share and rising profitability in 2021, even though the outlook is cloudy thanks to the ongoing pandemic.

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Source Fool.com