In this video from Wednesday's edition of MarketFoolery, host Mark Reeth and Motley Fool analysts Matt Argersinger and Bryan White take a deep Foolish dive into retail stock earnings and what the holiday season ahead looks like for the retail sector.
Lowe's (NYSE:LOW) reported net earnings that were up 26% year over year, with same-store sales up 6.2%. The company also upped its guidance for the coming quarter. Despite all this, the strength of the housing market combined with Home Depot's (NYSE:HD) incredibly solid earnings report had analysts predicting higher for Lowe's, and the stock sold off a bit on the news. Did Lowe's truly underperform or were the expectations just too high? Our analysts take a look at Lowe's and the home-improvement retail business today.