Lowe's Earnings: Watch These Trends
Investors have some big questions for Lowe's (NYSE: LOW) heading into its upcoming first-quarter fiscal 2020 earnings report. The home-improvement retailer's stores have mostly remained open through the COVID-19 pandemic, which puts it in a better place than many of its peers. But the chain entered the crisis with weaker momentum than Home Depot (NYSE: HD), especially in the crucial digital sales channel.
On Wednesday, May 20, Lowe's will announce its results for the period that runs through early May and includes several weeks where social distancing tied to the COVID-19 pandemic was in effect. That report, plus Home Depot's announcement a day earlier, will show how well-positioned the company is to endure some potentially rocky months ahead.
Let's take a closer look.
Source Fool.com
