Lowe's posted quarterly earnings and revenue that missed Wall Street expectations Thursday, due in part by a lower tax rate.
The home improvement company posted earnings of 58 cents a share, ex-items, on sales of $13.4 billion. Analysts had expected the company to report earnings of 60 cents a share on sales on $13.86 billion in revenue, according to a consensus estimate from Thomson Reuters.
What is Lowe's stock doing now? (Click here to get the latest quotes.)
This is a breaking news article. Please check back on CNBC.com for updates to this article.