Lowe’s: Trailing Home Depot For 21 Quarters and Running
May 20, 2015 at 11:19 AM EDT
Lowe’s (LOW) provides the products needed to raise a wall. Today, however, it’s shares are getting razed after the home-improvement retailer missed earnings and revenue forecasts–and its same store sales trailed Home Depot (HD) for the 21st consecutive quarter. Cantor Fitzgerald’s Laura Champine and Jason Smith explain: CHUCK BURTON/ASSOCIATED PRESS Lowe’s remains unable to close [...]