Lowe’s stock falls on comp sales miss

Lowe’s Companies Inc. (LOW) beat market estimates on sales and EPS for the second quarter of 2018 but comp sales missed the mark, sending shares down over 4% during premarket hours. Lowe’s reported a 7.1% increase in sales to $20.9 billion from the same period last year. Comparable sales grew 5.2% while comp sales for … Continue reading Lowe’s stock falls on comp sales miss