Reality Check for Home Improvement Stocks
What does the current state, and the likely future, of the American real estate market mean for companies like Home Depot and Lowe's? We break down the numbers to see which (if either) is a good investment.
lowes outlook
Lowe's Tops Profit Estimates, but Sales Disappoint
The world's second-largest home improvement retailer reported that its earnings rose 17% in the third quarter. While the profit beat analysts' estimates, sales came in lower than expectations.