Following peer Home Depot's (HD) less-than-exhilarating second quarter results, it is now time for Lowe's (LOW) to present investors with its 2Q19 performance. Analysts are expecting to see revenues of $20.96 billion rise very modestly compared to 2Q18. Meanwhile, EPS of $2.00 would represent a 4% YOY drop.
Credit: Lowe's Newsroom
I believe there will be a few forces impacting sales growth this quarter. First, Home Depot provided evidence on Tuesday that lower lumber prices may have been a stronger top-line headwind than many anticipated. Because Lowe's is exposed to the