Lowe's net misses view
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Retailer Lowe's Cos. Inc. on Monday  posted second-quarter profit that missed analysts' estimates,  and pared its sales forecast for the full year, citing a cool  housing market and higher energy prices.
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Missed comps may be short-term noise for the soaring retailer.
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Profit at Lowe's Cos. fell 11.5 percent in the fourth quarter but beat analysts' expectations, and investors Friday rewarded the home improvement retailer. Wall Street sent shares of the nation's second-largest home improvement chain higher. In fact, some analysts made bets Friday that Lowe's might have borne the worst of a slowdown from the slumping housing sector.
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A peek at companies that overpromised and underdelivered.
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Either there is a reliable crystal ball somewhere in Lowe&#39;s (NYSE: LOW) corporate boardroom, or management of the home improvement retailer feels quite confident about its prognostication skills.
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Home improvement retailer Lowe's Cos. reported Monday that a robust housing market drove second-quarter earnings higher year-over-year, but results failed to meet Wall Street expectations.
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Letter: Analysts observation not exactly earthshaking.
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Retail chains from discounters like Kmart to department stores like Sears are under renewed scrutiny, not so much for what they sell as for the ground they stand on.
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Retailer Lowe&#39;s Cos Inc  warned  on Monday that full-year profit could trail its prior forecast,  saying dry conditions in some parts of the United States were  hurting sales.
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Sales figures just don't measure up to the company's valuation.
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The company also said that its Home Shopping Network and lending profits fell short of internal targets.
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Home improvement retailer Lowe's Cos.  reported better-than expected earnings on Friday even as the weak housing market hurt results, and its shares rose as much as 6 percent to an all-time high as it said sales could trend upward this year.
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Investors may want to shop elsewhere for inexpensive retail stocks.
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Derek Lowe doesn't expect to pass unnoticed on the Red Sox' first trip back to Oakland, Calif., since his dramatic save in Game 5 of their division series last October -- and his subsequent vulgar gesture toward the A's dugout immediately after the final out.
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Home Depot gets the headlines, but Builders FirstSource has the value.
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The hand tool manufacturer beats estimates, but internal growth can't match competition.
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A Fool learns that one great metric for a company does not make for an automatic buy.