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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 CEO confident in retailer’s ability to manage Trump tariffs after 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 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.
12h
Lowe’s Stock Falls After Earnings. It’s ‘Too Early to Call an Inflection Point.’
Lowe’s shares were falling Tuesday as the company’s quarterly earnings report failed to reassure investors that the ...
5h
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 ...
7h
on MSN
Here's What's Driving Lowe's Stock Lower Today
There have been more than 450 forward stock splits year to date, including reverse stock splits. Additional stock splits are ...
15h
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 ...
14h
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.
9h
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.
Retail Dive
6h
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 ...
8h
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 ...
2h
Lowe’s price target raised to $245 from $229 at Barclays
Barclays raised the firm’s price target on Lowe’s (LOW) to $245 from $229 and keeps an Equal Weight rating on the shares after a “mixed” Q3 ...
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.
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