Lowe's Earnings Preview: Seeking Balanced Growth
Investors have been frustrated by Lowe's (NYSE: LOW) last few earnings reports. The home improvement chain's first year under the leadership of CEO Marvin Ellison, who worked for rival Home Depot (NYSE: HD) before taking over at J.C. Penney, has been a mixed bag. Sales growth has improved at times while profitability slumped, but the retailer hasn't yet achieved solid market share gains and robust earnings.
On Wednesday, shareholders will learn whether those disappointing big-picture trends have shifted at all over the last few months. Below, we'll look at the metrics that will determine whether Lowe's is winning -- or losing -- ground against Home Depot and others as it heads into the second half of fiscal 2019.
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Source Fool.com
