Core Insights - Lowe's reported quarterly earnings of $2.92 per share, exceeding the Zacks Consensus Estimate of $2.88 per share, but down from $3.06 per share a year ago, indicating an earnings surprise of 1.39% [1] - The company achieved revenues of $20.93 billion for the quarter, slightly surpassing the Zacks Consensus Estimate by 0.03%, but down from $21.36 billion year-over-year [2] - Lowe's has consistently surpassed consensus EPS estimates over the last four quarters, achieving this four times [2] Earnings Performance - The earnings surprise for the previous quarter was 5.46%, with actual earnings of $1.93 per share compared to an expected $1.83 [1] - The current consensus EPS estimate for the upcoming quarter is $4.25, with projected revenues of $24.01 billion, and for the current fiscal year, the estimates are $12.21 EPS on $84.19 billion in revenues [7] Stock Performance and Outlook - Lowe's shares have declined approximately 6.3% since the beginning of the year, contrasting with a 1% gain in the S&P 500 [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] - The outlook for the Retail - Home Furnishings industry, where Lowe's operates, is currently in the bottom 21% of over 250 Zacks industries, which may impact stock performance [8] Industry Context - Williams-Sonoma, a competitor in the same industry, is expected to report quarterly earnings of $1.76 per share, reflecting a year-over-year decline of 13.7%, with revenues anticipated at $1.67 billion, a 0.5% increase from the previous year [9][10]

Core Insights - Lowe's reported better-than-expected same-store sales despite weakened consumer confidence and economic volatility, with a same-store sales decline of 1.7% for the quarter ending May 2, but expects this key sales metric to remain flat or grow by up to 1% for the year [1] - The company's revenue for the quarter was $20.93 billion, a year-over-year decline of 2.2%, which fell short of market expectations, while earnings per share were $2.92, exceeding market expectations by $0.05 [1] - The decline in same-store sales was partially attributed to adverse weather at the beginning of the quarter, but growth in online business and professional contractor (Pro) services helped mitigate this impact [1] Industry Context - Despite economic turmoil, U.S. consumers have not significantly reduced or altered home spending, as indicated by the performance of Lowe's and its main competitor, Home Depot [1] - High interest rates have led many consumers to postpone large projects while still engaging in smaller projects, which has helped both companies meet or slightly exceed Wall Street expectations [1] - Home Depot executives noted that the worst economic scenarios seem to be behind them, aided by a diversified supply chain, and they expect to maintain current price levels amid stable spending and limited stockpiling due to tariffs [1] Performance Guidance - Lowe's anticipates total sales for 2025 to be between $83.5 billion and $84.5 billion, with market expectations averaging $84.31 billion; comparable sales are expected to remain flat or grow by 1% [3] Operational Footprint - As of May 2, 2025, Lowe's operates 1,750 stores with a retail space of 195.3 million square feet [4]

Market Overview - US stock index futures are all down, with Dow futures down 0.75%, S&P 500 futures down 0.50%, and Nasdaq futures down 0.51% [1] - European indices also show declines, with Germany's DAX down 0.10%, UK's FTSE 100 down 0.01%, France's CAC40 down 0.54%, and the Euro Stoxx 50 down 0.37% [2] - WTI crude oil is up 0.74% at $62.49 per barrel, while Brent crude is up 0.67% at $65.82 per barrel [2] Currency and Economic Sentiment - There is a rising expectation of US dollar depreciation, with the Bloomberg dollar index's one-year risk reversal indicator showing a negative 27 basis points, indicating the lowest level on record [3] - Morgan Stanley suggests buying US assets excluding the dollar, predicting a series of interest rate cuts by the Federal Reserve that could support the bond market and boost corporate earnings [3] Inflation and Tariff Impact - Federal Reserve officials warn that the impact of tariffs will soon be fully realized, potentially leading to a new wave of price increases in the US economy [4] - Atlanta Fed President Bostic indicates that many companies' buffer strategies against high tariffs are running out, which could weaken overall economic activity [4] Investor Sentiment and Market Dynamics - JPMorgan's CEO warns of "extreme complacency" among investors, suggesting that the market may soon face turbulence [5] - Goldman Sachs reports that clients are increasingly seeking to withdraw funds from the US market, questioning whether the US stock market's rally has reached its peak [6] Company Performance Highlights - Lowe's reported same-store sales down 1.7% but expects this key sales metric to remain flat or grow up to 1% for the year [7] - ZTO Express achieved a 19.1% year-on-year increase in package volume, with net profit up 40.9% [7] - Baidu's Q1 net profit increased by 41.65% year-on-year, reaching 77.17 billion yuan [8] - XPeng Motors reported a net loss of 660 million yuan, a 51.5% decrease year-on-year, with total revenue up 141.5% [8] - Weibo's Q1 net profit grew by 116.36% year-on-year, reaching $107 million [9] - Target's Q1 performance fell short of expectations, leading to a downward revision of sales forecasts [10] - Full Truck Alliance reported a 19% year-on-year increase in revenue, with significant growth in operational metrics [11] - iQIYI's Q1 revenue reached 71.9 billion yuan, with a 9% quarter-on-quarter increase [12] - Xinyi Technology reported a Q1 revenue of 34.81 billion yuan, with a net profit of 7.38 billion yuan [12] - Tuya Smart's Q1 revenue grew by approximately 21.1%, exceeding expectations [12]

Lowe's on Wednesday stood by its full-year forecast, despite reporting quarterly sales that fell just short of Wall Street's expectations. In the company's news release, CEO Marvin Ellison said investments in its stores, technology and customer service has helped the home improvement retailer get through "near-term uncertainty and housing market headwinds." Lowe's said it expects full-year total sales to range from $83.5 billion to $84.5 billion, which on the upper end would be higher than its total revenue ...

智通财经5月21日电，劳氏第一季度销售净额209.3亿美元，同比下滑2%，符合市场预期；毛利69.9亿美 元，同比下滑1.5%，市场预估69.6亿美元；毛利率33.4％，上年同期33.2％。LOWE'S的股价在盘前上涨 3.3%。 劳氏第一季度销售净额209.3亿美元 同比下滑2% ...

Core Insights - Lowe's Companies, Inc. reported net earnings of $1.6 billion and diluted EPS of $2.92 for the quarter ended May 2, 2025, a decrease from diluted EPS of $3.06 in the same quarter of the previous year [1][2] - Total sales for the quarter were $20.9 billion, down from $21.4 billion in the prior-year quarter, with comparable sales decreasing by 1.7% due to unfavorable weather conditions, although there was mid-single-digit growth in Pro and online sales [2][3] - The company affirmed its full-year 2025 outlook, maintaining a disciplined capital allocation strategy, including a dividend payment of $645 million this quarter [4][10] Financial Performance - Net sales for the quarter were $20.93 billion, with a gross margin of 33.38% compared to 33.19% in the previous year [14] - Operating income was $2.49 billion, representing an operating margin of 11.92%, down from 12.42% in the same quarter of the previous year [14] - Net earnings for the quarter were $1.64 billion, a decrease from $1.76 billion in the prior-year quarter, with a basic EPS of $2.93 [14][17] Business Operations - As of May 2, 2025, Lowe's operated 1,750 stores with a total retail selling space of 195.3 million square feet [3] - The company serves approximately 16 million customer transactions weekly in the United States and employs around 300,000 associates [7] - Lowe's received the highest score in the J.D. Power 2025 U.S. Home Improvement Retailer Satisfaction Study, indicating strong customer satisfaction [3][13] Capital Allocation and Outlook - The company is committed to generating sustainable shareholder value through a disciplined capital program, with capital expenditures of approximately $2.5 billion expected for the year [4][10] - The full-year 2025 outlook includes total sales projected between $83.5 billion and $84.5 billion, with comparable sales expected to be flat to up 1% compared to the prior year [10]

Market Overview - US stock index futures showed mixed performance with Dow futures slightly up, S&P 500 futures down by 0.16%, and Nasdaq futures down by 0.66% [1] - European indices saw positive movement with Germany's DAX up by 0.61%, UK's FTSE 100 up by 0.60%, France's CAC40 up by 0.56%, and the Euro Stoxx 50 up by 0.50% [2][3] - WTI crude oil prices fell by 0.42% to $61.88 per barrel, while Brent crude oil dropped by 0.46% to $65.24 per barrel [3][4] Federal Reserve Insights - Federal Reserve officials indicated that interest rate cuts may not occur before September due to uncertain economic outlook, with current expectations for a rate cut in June being less than 10% [5] - The market anticipates two rate cuts by the end of the year, each by 25 basis points, which is lower than previous expectations of four cuts [5] Banking Sector Developments - Moody's downgraded the deposit ratings of major US banks, including Bank of America and JPMorgan Chase, citing reduced government support following the downgrade of the US credit rating [6] - The long-term deposit ratings for these banks were lowered to Aa2, which is Moody's third-highest rating [6] Currency and Economic Outlook - Deutsche Bank warned of potential depreciation risks for the US dollar, suggesting that upcoming budget negotiations will significantly impact the dollar's position [7] - Wells Fargo advised investors to reduce exposure to emerging market stocks in favor of US equities, predicting a stronger dollar and cautioning against overly optimistic sentiment towards emerging markets [7] Company-Specific News - Vodafone reported a decline in revenue in its key German market, forecasting minimal growth for the upcoming fiscal year and announcing a new €2 billion share buyback plan [8] - Yalla Technology's Q1 revenue grew by 6.5% year-over-year to $83.9 million, but paid user numbers fell by 8% [9] - Vipshop's Q1 net revenue decreased by 4.7% to RMB 26.3 billion (approximately $3.6 billion), with active customer numbers down by 4.2% [10] - Home Depot's sales fell short of expectations, indicating weakened consumer confidence, with comparable sales down by 0.3% [10] - Cathie Wood's ARK Invest made significant purchases of Taiwan Semiconductor Manufacturing Company (TSMC) shares, marking a shift in strategy amid easing trade tensions [11] Upcoming Economic Events - Key economic data releases include the US Redbook retail sales year-on-year and API crude oil inventory changes [12][14] - Notable speeches from Federal Reserve officials are scheduled, which may provide further insights into monetary policy [13][14]

Group 1 - Lowe's is expected to report fiscal first-quarter earnings on May 21, 2025, with anticipated earnings of $2.89 per share and revenue of $21.03 billion, reflecting a 6% decrease in earnings and a 2% decline in sales year-over-year [1] - The company has a market capitalization of $130 billion, with reported revenue of $84 billion, operating profit of $10 billion, and net income of $7 billion over the last twelve months [2] - Approximately 70% of Lowe's sales come from do-it-yourself (DIY) customers, whose demand has weakened, impacting the company's performance [2] Group 2 - Historical data indicates that Lowe's stock has risen 55% of the time after earnings announcements, with a median one-day gain of 1.7% and a maximum increase of 10% [1][5] - Over the past five years, there have been 20 earnings data points for Lowe's, with 11 positive and 9 negative one-day returns, resulting in positive returns approximately 55% of the time [5] - The correlation between short-term (1D) and medium-term (5D) returns post-earnings can provide a less risky trading strategy, especially if a strong correlation exists [3][4]

Core Viewpoint - Lowe's Companies, Inc. is set to report its first-quarter fiscal 2025 earnings on May 21, with investors keenly watching for performance against market expectations [1] Financial Performance Expectations - The Zacks Consensus Estimate for revenues in the upcoming quarter is $20.95 billion, indicating a 2% decline from the previous year [2] - The consensus estimate for earnings per share is $2.89, reflecting a 5.6% decrease compared to the same quarter last year [2] - Lowe's has a trailing four-quarter earnings surprise average of 3.9%, with the last quarter's earnings exceeding the Zacks Consensus Estimate by 5.5% [3] Market Challenges - The DIY home improvement segment is facing challenges due to soft discretionary spending, particularly for large interior projects, as consumers are cautious amid economic uncertainty [3] - The housing market remains subdued, with high mortgage rates and affordability issues negatively impacting home sales and renovation demand, especially among new homeowners [4] Strategic Initiatives - Lowe's is actively addressing changing consumer behaviors and market dynamics, with the Pro segment identified as a key growth driver [5] - The company is implementing a multi-year strategy to enhance product offerings, fulfillment options, and the shopping experience for professional customers [5] - Investments in the Total Home strategy, including supply chain modernization and improved merchandising, are positioning Lowe's to better navigate current challenges [5] Omnichannel and Technology Enhancements - Lowe's focus on omnichannel improvements and productivity enhancements is aiding cost control and expanding customer reach [6] - The relaunch of the MyLowe's Pro Rewards program aims to strengthen customer loyalty and encourage repeat business [6] - The use of advanced technologies, such as AI-driven demand planning and augmented reality tools, is helping align inventory and services with customer needs [6] Earnings Prediction Model - The Zacks model does not predict a definitive earnings beat for Lowe's, as it holds a Zacks Rank of 3 and an Earnings ESP of -0.43% [7][8]

I'm an individual investor looking to grow my wealth over the long term. I've tried many different styles of investing over the last 25 years and have found that buying dividend growth stocks and reinvesting the dividends is one of the easiest ways to grow wealth over the long term. Over the years, I've owned stocks, options, ETFs, treasury notes, and mutual funds. I operate a blog, HarvestingDividends.com, that provides information on the S&P Dividend Aristocrats and other dividend growth stocks.Analyst’s ...