Lowe, Reports Better-Than-Expected Quarterly
Lowe's beats Wall Street expectations as it starts to break out of sales slump
Investors are looking for signs that the home improvement market will pick up again. Slower housing turnover and higher borrowing costs have kept some customers on the sidelines. Lowe's net sales for the 2024 fiscal year totaled $83.67 billion, down 3% from the fiscal year prior.
Lowe's Cos joined rival Home Depot in forecasting lackluster annual sales and profit on Wednesday, signaling that a downturn ...
Some Lowe’s employees will be getting a bonus up to $10,000. The Mooresville-based home improvement chain is giving $80 ...
Lowe's reported a 5% earnings per share beat, delivering $1.93 compared to the $1.84 consensus from Consensus Metrix.
Says still seeing “cautious consumer,” leading to near-term pressure on big ticket projects. Says online, omni-channel investments paying off.
Lowe's forecast sales between $83.5 million and $84.5 million, with earnings per-share in the range of $12.15 to $12.40, in 2025. Analysts polled by FactSet expect sales of $84.56 billion and earnings ...
Lowe's Companies, Inc. (NYSE: LOW) reported Q4 earnings above expectations with adjusted EPS of $1.93 and sales of $18.553 ...
Truist lowered the firm’s price target on Lowe’s (LOW) to $295 from $308 and keeps a Buy rating on the shares. The firm notes that Q4 results ...
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Lowe's Companies (LOW) Q4 2024 Earnings Call TranscriptLearn more here. Operator Good morning, everyone. Welcome to Lowe's Companies' fourth quarter 2021 earnings conference call ...
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