Lowe's beats on earnings and hikes guidance, but still expects sales to fall this year
Lowe's topped third-quarter earnings and revenue estimates on Tuesday. The home improvement retailer raised its outlook, but still expects full-year sales to decline from the prior year. Lowe's rival Home Depot has said customers are deferring big projects even after the Federal Reserve cut interest rates.
Lowe's stock falls as investors focus on soft big-ticket items, overlook earnings beat
Lowe’s Cos.’ stock was unable to hold early gains Tuesday, after the home-improvement retailer beat third-quarter estimates and raised its guidance, as softness in big-ticket items weighed against storm-related sales and positive same-store sales in Pro and online.
Lowe’s Stock Falls After Earnings. Home-Improvement Demand Still Looks Weak.
Lowe’s shares were falling Tuesday as the company’s quarterly earnings report failed to reassure investors that the home-improvement market is headed back to normal after years of weak demand. Lowe’s raised its total sales outlook for 2024 to between $83 billion and $83.
Lowe's Stock Is Falling After Earnings. Here's Why
Lowe's stock is lower Tuesday as Wall Street weighs a beat-and-raise quarter against declining revenue. This is what you need to know.
Lowe’s earnings beats estimates and company raises guidance despite weakness in big-ticket items
Lowe’s Cos.’ stock was unable to hold early gains Tuesday, after the home-improvement retailer beat third-quarter estimates and raised its guidance, as softness in big-ticket items weighed against storm-related sales and positive same-store sales in Pro and online.
Lowe's expected to post eighth straight quarter of same-store sales decline
On Tuesday, Wall Street is expecting Lowe's to post a Q3 revenue of $19.93 billion, a 3% drop compared to last year. Adjusted earnings per share are projected to decrease 9.62% to $2.82. Same-store sales are estimated to have fallen 2.
Lowe's Beats on Q3 EPS, Raises Outlook
Lowe's reported mixed earnings for Q3, with revenue slightly surpassing expectations but noting challenges in DIY sales.
Lowe’s Lifts Sales Forecast on Improving Housing Spend
Lowe’s Cos. raised its sales forecast for the year, buoyed by higher spending on home improvement in the Pro category.
Lowe's Companies (LOW) Q3 2024 Earnings Call Transcript
Lowe's Companies (NYSE: LOW) Q3 2024 Earnings Call Nov 19, 2024, 9:00 a.m. ET Good morning, everyone. Welcome to Lowe's ...
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Lowe’s prepping for ‘what may be coming from the administration’ on tariffs
The retailer said it diversified its supply chain after Trump’s first tariffs, but that 40% of its assortment is sourced ...
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Lowe's Raises Annual Same-Store Sales Forecast on Storm Recovery Spending Boost
(Reuters) -Home improvement retailer Lowe's Cos forecast a slower-than-expected drop in annual comparable sales on Tuesday as ...
Lowe's beats its quarterly estimates, but negative sales outlook draws focus
Shares of Lowe's are up 20% year to date, compared to the S&P 500's 24% gain, according to Yahoo Finance Data. Rival Home ...
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Lowe’s Long-Term Growth Prospects Bolstered by Digital Sales and Loyalty Program Amid Macroeconomic Challenges
Jefferies analyst Jonathan Matuszewski reiterated a Buy rating on Lowe’s (LOW – Research Report) today and set a price target of $301.00. Don't Miss out on Research Tools: Discover the latest stocks ...
Best Lowe’s Coupons Right Now: Save Up To 50%
These are the best Lowe's coupons you can use right now to help kick-start (or finish) your next home project.
Lowe's tops estimates; warns DIY big-ticket demand is still soft
Lowe's Companies (NYSE:LOW) traded lower in premarket action despite beating consensus estimates with its Q3 earnings report ...
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Lowe’s price target raised to $301 from $274 at Jefferies
Jefferies raised the firm’s price target on Lowe’s (LOW) to $301 from $274 and keeps a Buy rating on the shares. Despite a high-single digit percentage comp and sequential DIY improvement, results ...