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Home Improvement Retail Stable on the Home Front QTD in Q2; Demand Closer to Bottom, but Valuation Closer to the Top; Remain on July 10, 2019 the Sidelines Equity Research Americas Seth Sigman Research Analyst (212) 538-8043 seth.sigman@ Kieran McGrath Lavesh Hemnani (212) 325-5158 (212) 325-5302 kieran.mcgrath