Sustained growth for Hardware & Homeware spending (+11.7%) in w/e 26 May as overall growth slows.
Spending softens at offshore sites but local sites are +11%; Furniture, Housewares & Hardware is +7%.
Lowe's Q1 US comparables beat the Home Depot's but FY2019 earnings per share have been pared back.
Hardware, building & garden supplies (+3%) recovers after one of the largest falls the previous quarter.
Home Depot's first quarter earnings beat the estimates but comparables have softened to +2.5%.
on the side
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