Lowe's (LOW) Rallies, While Macy's (M) Dilly-Dallies After Earnings

Lowe's (LOW) rallies after earnings top expectations. Its adjusted EPS came in at $4.56 versus an estimated $4.49 and revenue came in at $24.96B versus an estimated $24.94B. Its same-store sales were down 1.6%. LOW's also reaffirmed FY23 guidance and outlook. Kevin Hincks discusses this along with Macy's (M) most recent earnings news. M falls to a new 52-week low after its adjusted EPS came in at $0.26 versus an estimated $0.13 and revenue came in at $5.28B versus an estimated $5.06B. Tune in to find out more about the stock market today.