Lowe's Companies Reduces Earnings Outlook
Lowe's (NYSE: LOW) investors had modest expectations heading into this week's earnings report, given that the retailer has consistently trailed Home Depot (NYSE: HD) on key growth and profitability metrics.
That performance gap continued in the second quarter, and contributed to a reduced full-year earnings forecast. More on that slipping outlook in a moment. First, here's how the headline results stacked up against the prior-year period:
Metric
Source: Fool.com
Home Depot Inc. Stock
€333.60
-0.130%
With 42 Buy predictions and 3 Sell predictions Home Depot Inc. is one of the favorites of our community.
With a target price of 367 € there is a slightly positive potential of 10.01% for Home Depot Inc. compared to the current price of 333.6 €.
