Home improvement companies Home Depot (NYSE:HD) and Lowe’s (NYSE:LOW) seem to be ready for the hurricane season even if the residents are not. With Hurricane Florence looming on the horizon, consumers have been flocking to grocery and hardware stores to stock up on the necessary supplies. Once such a storm is spotted, the home improvement companies alert their stores in the potential strike zone, and start mobilizing resources to that area. In such a time, companies like Home Depot and Lowe’s will be most suitably positioned to supply the much-needed tools and materials for these purposes. Hurricanes To Lift Sales But Pressure MarginsIf last year is anything to go by, home improvement companies can expect a significant bump in their revenues post the hurricane.

Source: Forbes September 12, 2018 18:22 UTC