All bets are off now. D. E. Shaw an activist investment firm took a huge stack in Lowe's last week. Expect them to press for a couple Board seats and public accountability from Niblock. Street talk is Niblock and maybe even Matsbarger gone within a year. Shaw expected to focus on improving customer service and logistics to improve the operating margins that trail Home Depot and have hurt the stock price. Sunlight is about to shine on Niblock and his rubber stamp Board.
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Niblock should have been gone years ago he has really brought lowes standards down.