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 ...

Core Insights - Lowe's Companies, Inc. has rebranded its retail media network to Lowe's Media Network, enhancing its offerings to provide a world-class retail media experience for brand advertisers [1][2] - The company has expanded its advertising solutions to include new channels such as email, in-store audio, paid search, and direct mail for installation services, aiming to support brand partners in achieving their business goals [1][2] Group 1: Rebranding and Strategy - The rebranding of Lowe's Media Network strengthens its association with the Lowe's brand and reflects the collaboration between merchandising and marketing teams [2] - The media network aims to deliver customized strategies that help brand partners engage customers effectively throughout their journey [2] Group 2: Expanded Advertising Solutions - The expanded portfolio includes onsite premium native display ads, programmatic activations across various digital platforms, offsite advertising placements, and audio advertising in stores [2][3] - Lowe's Media Network now serves over 300 brands across home improvement categories, connecting with more than 120 million unique customers [3] Group 3: Future Focus - The company is committed to developing tailored solutions for its growing customer and vendor base, ensuring ease of collaboration for brands [3] - Lowe's Media Network continues to evolve, focusing on providing best-in-class retail media experiences for its partners [3]

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 ...

Group 1: United Parcel Service (UPS) - United Parcel Service reported Q2 2024 revenue of $21.8 billion, down 1% year-over-year, indicating current growth struggles [2] - CEO Carol Tomé described the quarter as a "turning point," noting a return to volume growth in the U.S. for the first time in nine quarters [2] - Analysts project a 5.1% compound annual growth rate for the freight and logistics market from 2024 to 2030, suggesting significant growth potential for UPS [2] Group 2: PDD Holdings - PDD Holdings, known for its e-commerce platform Temu, reported Q1 revenue of $12 billion, a 131% increase year-over-year [4] - Despite a 13% decline in stock this year, the company has strong growth potential, trading at 11 times its estimated future profits [5] - The Chinese economy grew by 4.7% in Q2, slower than the previous quarter, raising concerns that may affect PDD's stock performance [5] Group 3: Lowe's - Lowe's is trading at around 20 times its estimated future profits, which is modest compared to the S&P 500 average of 22 [6] - The company reported a 4% decline in comparable-store sales, attributed to reduced discretionary spending [7] - Year-to-date, Lowe's has generated a 7% gain, trailing the S&P 500's 15% returns, but optimism about potential interest rate decreases could boost future performance [7]

Core Insights - Lowe's has selected "Truffle" as the 2025 Color of the Year, emphasizing its versatility and ability to complement various design styles [1] - The selection process involved a comprehensive analysis of top-performing colors and current trends in the market [1] Group 1: Product Information - STAINMASTER Performance™ Interior Paint and Primer offers protection against stains, mold, and mildew, with excellent scrub resistance and a lifetime stain-resistant limited warranty [2] - The paint is available in three finishes: matte, satin, and semi-gloss, and can color-match any desired shade [2] Group 2: Company Overview - Lowe's Companies, Inc. is a FORTUNE® 50 home improvement company, serving approximately 16 million customer transactions weekly in the U.S. [3] - The company reported total fiscal year 2023 sales exceeding $86 billion and operates over 1,700 home improvement stores with around 300,000 employees [3] - Lowe's is based in Mooresville, N.C., and engages in community support initiatives focused on safe, affordable housing and developing skilled trade experts [3]

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 ...

In the latest market close, Lowe's (LOW) reached $234.77, with a +1.34% movement compared to the previous day. This move outpaced the S&P 500's daily loss of 0.51%. Elsewhere, the Dow gained 0.2%, while the tech-heavy Nasdaq lost 0.93%.Coming into today, shares of the home improvement retailer had gained 5.89% in the past month. In that same time, the Retail-Wholesale sector lost 2.37%, while the S&P 500 lost 0.26%.The investment community will be closely monitoring the performance of Lowe's in its forthcom ...

Core Insights - HGTV Home® by Sherwin-Williams has launched a new Cabinet & Furniture paint that offers a factory-like finish and can be tinted to any color, available in satin and semi-gloss sheens [1][2] - The product aims to provide a cost-effective solution for homeowners looking to refresh their spaces without undergoing expensive renovations [2] Product Features - The Cabinet & Furniture paint is designed to resist stains, scuffs, scratches, and moisture, and features a mildew- and mold-resistant finish [1] - It provides exceptional durability, adhesion, and coverage, preventing doors and drawers from sticking, and can be applied using a brush, roller, or sprayer without leaving brush marks [1] Market Context - The introduction of this product aligns with current economic trends where homeowners are opting to renovate their existing homes rather than move, due to high renovation costs [2] - HGTV Home by Sherwin-Williams products are backed by the design expertise of HGTV and the quality reputation of Sherwin-Williams, along with a Lifetime Limited Warranty [2][3] Company Background - HGTV Home by Sherwin-Williams was launched in 2011, combining HGTV's design expertise with Sherwin-Williams' quality paints [3] - The brand offers premium paints and curated color collections exclusively available at Lowe's [3] Parent Company Overview - Sherwin-Williams Consumer Brands Group manufactures products under various well-known brands, including Valspar® and Krylon®, and is a global leader in the paint and coatings industry [4] - Founded in 1866, Sherwin-Williams focuses on meeting the paint and coating needs of professional, industrial, commercial, and retail customers [4]

To Celebrate its Partnership with USA Track & Field, Lowe's Will Give Away American Flags to Loyalty Members MOORESVILLE, N.C., July 24, 2024 /PRNewswire/ -- Lowe's is partnering with Charlotte-based star Anna Cockrell as she becomes the newest member of Lowe's Home Team. Cockrell is the first female athlete to join the lineup of world-class athletes, including Dallas Cowboys Quarterback Dak Prescott, Pro Bowl Tight End Travis Kelce, Pro Bowl Running Back Christian McCaffrey and recently drafted New England ...