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Lowe's Companies Reduces Earnings Outlook

TheMotleyFool 
0 0 23.08.17
Lowe's Companies Reduces Earnings OutlookPhoto, wide shot, wide-angle lens, Retail store, Midday, harsh overhead sunlight, directional sunlightt, photo by Peter Lik: https://img.midjourneyapi.xyz/temp/add1012b-1b24-4eb2-aba0-77ab52c7f8ad.png
 
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

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Source: Fool.com

Home Depot Inc. Stock

€292.90
-1.500%
A loss of -1.500% shows a downward development for Home Depot Inc..
The stock is one of the favorites of our community with 77 Buy predictions and 3 Sell predictions.
As a result the target price of 358 € shows a positive potential of 22.23% compared to the current price of 292.9 € for Home Depot Inc..
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