Lowe's Lengthens Worker Shifts in Effort to Combat Home Depot Dominance - TheStreet

Lowe's Companies Inc. (LOW) - Get Report is extending the hours workers work per shift at a time when home owners tend to spend money on renovation projects. 

Lowe's announced that it will increase customer-facing hours in its stores at a time when Lowe's reported that it grew sales 4.5% in the second quarter. Wall Street was expecting Lowe's to increase revenue by just 4.3%. 

Rival Home Depot Inc. (HD) - Get Report is having an even better quarter and said that a strong home improvement market is driving growth. 

Lowe's shares were down 5.66% to $71.53 in afternoon trading Wednesday. 

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