Bigger Surprise: Lowe’s or Tiffany?
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 23 May 2018
⏱️ 13 minutes
🧾️ Download transcript
Summary
Lowe’s 1st-quarter sales came in light, but shares still rose 10%. Did the announcement of a new CEO top Lowe’s actual performance? Abi Malin analyzes the results, as well as Target’s 1st-quarter miss and Tiffany’s new all-time high.
Transcript
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| 0:00.0 | Support from Market Fullry comes from our friends at Rocket Mortgage by Quicken Loans. |
| 0:04.0 | Home plays a big role in your life. |
| 0:05.0 | That's why Quicken Loans created Rocket Mortgage. |
| 0:08.0 | It lets you apply simply and understand the entire mortgage process fully so you can be confident you're getting the right mortgage for you. |
| 0:13.0 | for you. |
| 0:14.0 | To get started, go to rocket mortgage.com slash fool. |
| 0:17.0 | It's Wednesday, May 23rd. |
| 0:20.0 | Welcome to Market Fullry. |
| 0:22.0 | I'm Chris Hill joining me in studio, Abby Mallin in the house. |
| 0:26.8 | Thanks for being here. |
| 0:27.8 | Thanks for having me. |
| 0:29.1 | So we're back on schedule. |
| 0:30.4 | We had taped a couple of episodes to run Monday and Tuesday. So we're talking news today |
| 0:36.0 | We've got luxury retail. We've got general retail |
| 0:40.2 | We're gonna start with home improvement retail. |
| 0:43.0 | Shares of lows up 10% this morning, |
| 0:46.0 | despite the fact that as pretty much everyone should have expected, |
| 0:51.0 | same store sales came in low, |
| 0:54.4 | and we had talked about this last week |
| 0:56.3 | with Home Depot and the weather in April |
| 0:59.6 | really affecting Home Depot. |
| 1:01.0 | No surprise that it affected lows as well. |
... |
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