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Lowe’s Companies, Inc. LOW reported first-quarter ... The Mooresville, NC-based company posted a comparable sales decline in the quarter under review. Despite near-term uncertainty and headwinds ...
Similar to Lowe's, Home Depot also took a more cautious tone on full year sales guidance. Comparable sales are set to decline between 3% and 4% for the fiscal year, worse than the 1% drop ...
Lowe's lowered its full-year outlooks for both sales and profit, citing the decline in DIY sales and a "pressured macroeconomic environment. Lowe's (LOW) reported weaker-than-expected quarterly ...
Lowe’s lowered its full-year guidance after ... on seasonal and other outdoor purchases. The decline was partially offset by higher sales online and among professional customers.
Bloomberg / Contributor / Getty Images Lowe's missed quarterly sales estimates and cut its ... blamed the lackluster results and guidance on a decline in discretionary spending for do-it-yourself ...
It said it expects comparable sales to decline 3% to 3.5%, slightly better than the 3.5% to 4% drop that it had previously anticipated. Lowe's is lapping a year-ago period when the company lowered ...
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Lowe’s reported adjusted earnings of $2.89 per share, "ahead of our $2.82 estimate driven by higher-than-expected comp sales," Ohmes said in a note. The decline in comps reflected "continued ...