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Stock impact report

Lowe's: Dividend Builder [Seeking Alpha]

Lowe's Companies, Inc. (LOW) 
Last lowe's companies, inc. earnings: 2/26 06:00 am Check Earnings Report
Company Research Source: Seeking Alpha
Summary Lowe’s Companies Inc. ( LOW ) are set to release their second quarter earnings before the bell on Wednesday. Home Depot ( HD ) reported better than expected Q2 results last week, and subsequently saw their stock drop 3% the next trading day. Home Depot beat on both the top and bottom line when compared to analysts’ expectations, margins increased, and management increased their 2017 guidance, and yet their stock still fell. What does this mean for Lowe’s earnings? Year to Date Performance Lowe’s has been on a bit of a roller coaster in 2017 with the stock gaining 5.7% year to date at the time of this article. The stock hit its 52-week high of $86.25 in May, but quickly retreated after the announcement by Sears Holdings ( SHLD ) stating they would start selling their Kenmore appliances through Amazon ( AMZN ). Since this announcement by Sears, Lowe’s stock has dropped nearly 10% to date, based on fears that the Amazon is attempting to enter the home improvement Show less Read more
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