Klaus Vedfelt Introduction It's been quite a while since I last covered Lowe's Companies, Inc. (NYSE:LOW), the second-largest home improvement retailer in the U.S. (and globally), behind The Home Depot, Inc. (HD). I compared the two retailers for the first time in early 2023 and highlighted four key implications of interest rates on the U.S. home improvement industry in May 2023. My last article on Lowe's was published last November, when I still rated LOW stock a solid buy. Since then, the stock has return ...

Wall Street analysts expect Lowe's (LOW) to post quarterly earnings of $3.96 per share in its upcoming report, which indicates a year-over-year decline of 13.2%. Revenues are expected to be $23.92 billion, down 4.2% from the year-ago quarter.The consensus EPS estimate for the quarter has been revised 1% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Prior to a company's earnings r ...

Wall Street expects a year-over-year decline in earnings on lower revenues when Lowe's (LOW) reports results for the quarter ended July 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on August 20, 2024, might help the stock move higher if these key numbers are better than expectations. ...

MOORESVILLE, N.C., Aug. 13, 2024 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) announced today that it will hold its Second Quarter 2024 Earnings Conference Call at 9 a.m. Eastern time on Tuesday, Aug. 20. A webcast will be available by visiting the Quarterly Earnings section of the Lowe's Investor Relations website, ir.lowes.com. Supplemental materials will be available 15 minutes before the start of the conference call.What: Second Quarter 2024 Earnings Conference CallWhen: 9 a.m. EST on Tuesday, Aug ...

As Lowe's Companies, Inc. (LOW) prepares to unveil its second-quarter fiscal 2024 earnings on Aug 20 before the opening bell, investors are keenly observing the company's performance. With a projected decline in both the top and bottom-line figures, the upcoming earnings release prompts a critical question: can Lowe’s meet or exceed expectations despite these anticipated decreases in profitability?The Zacks Consensus Estimate for the to-be-reported quarter’s revenues is pegged at $24 billion, which suggests ...

Lowe's Media Network Unlocks More Opportunities that Deliver Growth for Brand Partners MOORESVILLE, N.C., Aug. 8, 2024 /PRNewswire/ -- Lowe's Companies, Inc. is making new advancements to its media network to deliver a world-class retail media experience with enhanced white glove service for its brand advertisers. To support its strategic growth, Lowe's has rebranded its retail media network with a new logo and a simplified name: Lowe's Media Network. Lowe's also announced expanded placements on the Lowe's ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Lowe's (LOW) , which belongs to the Zacks Building Products - Retail industry.When looking at the last two reports, this home improvement retailer has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 4.72%, on average, in the last two quarters.For the last reported quarter, Lowe's came out with earnings of $3.06 p ...

These stocks are underperforming the markets this year, but they have loads of potential in the long run.If you have $5,000 that you can afford to invest in the stock market, you'll have to decide between investing in just one stock or spreading it across multiple investments. What's more challenging, however, is finding a safe place to invest that $5,000.Three growth stocks that are not only safe but also cheap right now are United Parcel Service (UPS 0.16%), PDD Holdings (PDD -0.83%), and Lowe's (LOW -1.6 ...

"We are excited to highlight Truffle, a versatile color that taps into the warm beauty of nature, offering a timeless and durable foundation for our customers' design needs," said Monica Reese, Lowe's Director of Trend and Style. "Truffle complements a wide range of styles, from modern minimalism to rustic chic, and layers beautifully with a broad palette of colors from soft neutral hues to deep bold palettes, truly elevating the style of any space."To choose the 2025 Color of the Year, Lowe's and STAINMAST ...

In the latest market close, Lowe's (LOW) reached $245.51, with a +1.7% movement compared to the previous day. The stock's performance was ahead of the S&P 500's daily gain of 1.08%. Meanwhile, the Dow experienced a rise of 0.75%, and the technology-dominated Nasdaq saw an increase of 2.64%. Prior to today's trading, shares of the home improvement retailer had gained 12.96% over the past month. This has outpaced the Retail-Wholesale sector's loss of 1.42% and the S&P 500's loss of 0.44% in that time. Market ...