Lowe’s Q2 EPS tops expectations; revenue, same-store sales miss
Lowe’s reports second-quarter EPS that topped expectations, while revenue and same-store sales growth missed, and it cuts its full-year outlook on a handful of metrics.
LOW Not a great second-quarter print for Lowe's.
Earnings-per-share (EPS) topped expectations, but revenue and same-store sales growth missed.
Full-year outlook was cut on a handful of metrics.
It's now two quarters in a row that Club name Home Depot has turned in stronger results than its chief rival.
Home Depot's larger exposure to professionals versus the do-it-yourself crowd is paying off in this brutal housing market.
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