Lowe’s Q2 Earnings Surge As Home Improvement Spending Rise – Analyst Blog – Nasdaq.com

Currently, the Zacks Consensus Estimate for the fiscal stands at $2.60 per share. Moreover, the company still intends to open 10 home improvement stores and 5 hardware stores in the fiscal. As of Aug 1, 2014, the company operated 1,837 stores in the United States, Canada and Mexico. Other Stocks to Consider Currently, Lowe’s carries a Zacks Rank #4 (Sell). However, some better-performing stocks in the retail industry space include Skechers USA Inc. http://www.nasdaq.com/article/lowes-q2-earnings-surge-as-home-improvement-spending-rise-analyst-blog-cm382076

Home Depot’s Online Sales Sizzle – TheStreet

U.S. same-store sales rose 6.4%, supported by increases in all merchandise categories and geographic regions. Read More: What a Monster Dollar General-Family Dollar Deal Says About Retail Home Depot also marked up its fiscal-year earnings guidance for the second consecutive time. Home Depot now anticipates earnings growth in 2014 to be 20.2%, above its prior outlook for appreciation of 17.6%. Home Depot had originally guided Wall Street to earnings growth of 16.5% when it announced its fourth-quarter figuresin February. Watch More: Fun Facts You Should Know About Macy’s History While Home Depot’s financials were driven primarily by trends in the existing U.S. http://www.thestreet.com/story/12849453/1/home-depots-online-sales-sizzle.html?cm_ven=RSSFeed

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