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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 Q3 Earnings Beat, Comps Decline, FY24 Outlook Revised
Lowe’s Companies, Inc. LOW came up with third-quarter fiscal 2024 results, wherein the top and bottom lines beat the Zack Consensus Estimate. However, the Mooresville, NC-based company faced year-over-year declines in both metrics and extended its streak of soft comparable sales performance.
Lowe’s Stock In Focus After Q3 Earnings Beat, Upgraded EPS Guidance: Retail Applauds Results
Home improvement firm Lowe's Companies Inc ($LOWE) on Tuesday announced its third-quarter (Q3) earnings that exceeded Wall Street expectations but lowered its comparable sales guidance for the full year.
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.
6h
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 ...
4h
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.
5h
on MSN
Lowe's same-store sales forecast boosted by hurricane recovery; muted DIY spend weighs
Lowe's Cos forecast a slower-than-expected drop in annual comparable sales on Tuesday, banking on a boost to its ...
8h
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.
Retail Dive
1h
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 ...
9h
Lowe's raises annual same-store sales forecast on storm recovery spending boost
Home improvement retailer Lowe's Cos forecast a slower-than-expected drop in annual comparable sales on Tuesday as a pickup ...
8h
on MSN
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 ...
2h
Lowe’s Strong Q3 Performance and Strategic Positioning Justify Buy Rating
In a report released today, Justin Kleber from Robert W. Baird maintained a Buy rating on Lowe’s (LOW – Research Report), with a price target ...
4d
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.
Benzinga.com
12h
Lowe's Q3: Earnings: Revenue And EPS Beat But Comp Sales Fall Amid Softness In Bigger-Ticket DIY Discretionary Demand
Lowe's
Q3 EPS of $2.89 beats estimates, while sales of $20.17B surpass consensus, despite a 1.1% drop in comparable sales.
Lowe's
raises FY24 guidance, expects ...
Business Insider
11h
Lowe’s expects ‘roughly flat’ gross margin for FY24
Try Now>> See Insiders’ Hot Stocks on TipRanks >> Read More on LOW:
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