Lowe's Getting Interesting

4/28 - "In the latest quarter ending Feb. 1, earnings fell to $408 million, or 28 cents per share, from $613 million, or 40 cents per share, in the year-ago period. Sales dropped to $10.38 billion from $10.41 billion. For the year, net income declined to $2.81 billion, or $1.86 per share, from $3.1 billion, or $1.99 per share. The 6% annual EPS drop was far better than the 15% drop at Home Depot...When one considers what has happened to housing, these results are actually oustanding."

"I would not be surprised at all to see a nice bump from the upcoming "stimulus checks" being issue this week. I was at Lowe's this weekend and have not seen it as packed as it was in a very long time. Perhaps people were there spending on credit cards in anticipation of paying it off after the checks come in?

Between Home Depot and Lowe's, the latter is clearly the better run compa...