Lowe's beats on earnings and hikes guidance, but still expects sales to fall this year
Lowe's topped quarterly earnings and revenue estimates, but even its raised sales outlook would be a decline from last year.
Lowe’s expecting to end this year with higher sales amid hurricane impacts
The company is expecting to end 2024 with sales between $83 billion and $83.5 billion. This is higher than the previous forecast of $82.7 billion to $83.2 billion.
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 sounds alarm bells around a growing problem
Lowe’s ( LOW) , along with other retailers in the home improvement sector, is continuing to suffer from an alarming trend ...
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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 Earnings Are on Tap. Is the Home-Improvement Slump Over?
Bulls say Home Depot’s results suggest underlying demand for home-improvement products is getting slightly better. But ...
Lowe's beats its quarterly estimates, but negative sales outlook draws focus
Lowe's (LOW) posted results that beat the Street's estimates, but investors are homing in on its ongoing negative sales ...
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 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 Q3 Results Down, Yet Beat Market; Lifts FY24 Earnings, Sales View, Cuts Margin Forecast
Home improvement major Lowe's Companies, Inc. (LOW), while reporting lower third-quarter earnings and sales, on Tuesday lifted its ...
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Options Traders Blast Lowe's Stock After Earnings
Lowe's (LOW) stock is lower after the home improvement retailer's fiscal third-quarter beats was overshadowed by a gloomy ...
Lowe's Sales, Profit Top Estimates Despite Continued 'Big Ticket' Softness
Lowe's reported third-quarter results Tuesday morning above analysts' expectations despite "continued softness" in big-ticket ...
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Lowe's earnings and housing starts: US housing market's latest
Home improvement retailer Lowe's (LOW) may have topped third quarter earnings estimates and raised full-year guidance, ...