Lowe's (LOW) Down Almost 4% On Weak Earnings

Lowe’s shares are down almost 4% to $22.75 in the pre-market due to weak earnings.

Profits at the big retailer fell 33% to to $408 million.Sales were flat at $10.4 billion. Wall St. analysts had expected $10.85 billion.

The company also made comments about a tough 2008.

Douglas A. McIntyre