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Walter Todd Says Lowe's Forecast 'Overly Pessimistic': Video

Walter Todd Says Lowe's Forecast 'Overly Pessimistic': Video

Walter Todd, who helps manage $800 million in assets as portfolio manager at Greenwood Capital Inc., talks with Bloomberg's Carol Massar from Columbia, South Carolina, about Lowe's Cos.'s fourth-quarter earnings, the company's forecasts and its bigger rival, Home Depot Inc. Lowe's, the world's second-largest home-improvement retailer, said profit fell less than analysts estimated after price cuts and service won shoppers amid the worst housing slump in a quarter century. Lowe's forecast full-year earnings less than analysts' projections. Bloomberg's Ellen Braitman also speaks. (Source: Bloomberg)

Bloomberg | February 25, 2008Watch more videos from Bloomberg

Tags:. .service. .south. .forecasts. .manager. .source

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