News

In 2Q24, both Home Depot (NYSE:HD) and Lowe's (NYSE:LOW) reported declining comparable sales, reflecting ongoing challenges in the home improvement retail sector. Home Depot (HD) saw a comparable ...
Ellison highlighted ongoing challenges in ... offset cost pressures. Lowe’s management emphasized steady execution in a challenging environment, reaffirming its 2025 sales and earnings outlook ...
Lowe’s Companies, Inc. (NYSE:LOW) on Wednesday reported mixed results for the first quarter of fiscal 2025. The company posted adjusted earnings of $2.92 per share, which beat the analyst ...
Despite these challenges ... presents risks to future comparable sales, particularly in fiscal year 2025. Additionally, while Lowe’s managed to capture market share in the smaller professional ...
The company said early-quarter weather challenges were partly balanced ... Operating income stood at 11.9% of sales versus 12.4% in the prior year. Lowe's expects full-year revenue between $ ...
"Consumers continue to face affordability challenges as both ... to aid in longer-term growth in sales per square foot," he wrote to clients. Shares of Lowe's are up 20% year to date, compared ...
If economic uncertainty persists, consumers may delay or scale back renovation plans, directly impacting Lowe’s sales and profitability. Moreover, a sluggish housing market could further exacerbate ...
Lowe’s Companies (LOW) disappointed investors with its soft guidance and a mixed report in the second quarter. The home improvement retailer now expects FY24 sales to be in the range of $82.7 ...
Lowe’s Cos.’ stock lost ground Wednesday after the home improvement retailer warned its second-quarter same-store sales are being impacted by unfavorable weather in some areas, although it ...
Some Lowe’s employees will be getting a bonus up to $10,000. The Mooresville-based home improvement chain is giving $80 million in discretionary bonuses, Lowe’s CEO Marvin Ellison said ...
Lowe’s reported adjusted EPS of $2.92 per share which beat the analyst consensus estimate of $2.89. The company reaffirmed its 2025 outlook and flagged tariffs as a risk but offered no impact ...