Lowe's Guides Low After Missing Q1 Earnings, Sales Views

Home improvement retailer Lowe's (LOW) reported a broad miss on first-quarter results Wednesday and guided full-year earning below views, contrasting with last week's strong first-quarter numbers from rival Home Depot (HD).

Estimates: Analysts expected Lowe's to report earnings per share of $1.07 , a 23% jump, on a 12% rise in sales to $17.04 billion, according to Zacks Investment Research.

Results: EPS of $1.03 on revenue of $16.86 billion. Same-store sales rose 1.9%, below the

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