Lowe's: Expecting Continuing Strength In Pro Business, Shares Fairly Valued
Lowe's is expected to release its quarterly earnings in mid-August. Ahead of the report, the company's shares have seen year-to-date losses of nearly 13%, with analysts expecting continued strength in the Pro business while the DIY category remains more muted.
Why it matters — LOW watchers would care because the upcoming quarterly print and the contrasting outlooks for the Pro and DIY segments will offer a clearer picture of the company's near-term performance and market position.