Lowe’s Pops on Strong Quarter; Still Worth Buying?
No one is debating whether Lowe’s (LOW) posted a strong quarterly report today. The home retailer posted 40 cents of EPS, 5 cents ahead of the Street. Same-store sales rose 1.8%, ahead of the Street’s expectations for 1% growth. Gross margin, which had been declining for more than a year, inched higher. The company also [...]