Lowe’s (LOW) reported results for the second quarter. The world’s second-largest home-improvement retailer said profits came in at $0.64 per share, beating analysts’ expectations by 8 cents.

Revenues rose 2.4% year-over-year to $14.51 billion, which was slightly above consensus forecasts of $14.12 billion. The company issued downside guidance for the third quarter with EPS in the range of $0.27-$0.31. Analysts were expecting $0.33 per share.

The bright spot was guidance for the full year, which was largely inline with Wall Street forecasts. The company estimates EPS in the range of $1.48-$1.56 vs. $1.50 consensus.

Lowe’s shares closed higher by 4 cents, or +0.16% to $24.54 in today’s session.

From the Bull Pen: Bulls can look elsewhere. Goldman Sachs (GS) approaching $155 may be a trading buy, if and when.

From the Bear Cave: Bears aren’t fooled by today’s green and see a downside opportunity in Lowe’s. One option can be to fade the strength into $27 should the stock continue that course.