Lowe’s: It’s Still Not Home Depot
August 17, 2016 at 11:07 AM EDT
Yesterday, Home Depot ( HD ) offered its typically boring earnings report . I bet investors in Lowe's ( LOW ) would have settled for the same. Instead, they got this: Earnings that fell short of the Street consensus , guidance that was lowered , and mediocre same-store sales . Credit Suisse analysts Seth Sigman and Kieran McGrath explain what went wrong: