UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended August 2, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission File Number 1-7898 LOWE'S COMPANIES, INC. (Exact name of registrant as specified in its charter) North Carolina 56-0578072 (State ...

MOORESVILLE, N.C., Aug. 29, 2024 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) announces that Marvin R. Ellison, chairman and chief executive officer, will participate in a fireside chat at the Goldman Sachs 31st Annual Global Retailing Conference.  What:   Marvin Ellison participating in a fireside chat at the Goldman Sachs 31st Annual Global Retailing Conference When:   9:35 a.m. ET on Thursday, Sept. 5, 2024 Where:   Listen to the audio webcast at ir.lowes.com under "Events & Presentations" The arc ...

When analysts prepare to assign a rating and a price target to a stock, they typically discuss the trend with each other. Otherwise, they arrange all the questions that need to be answered to make recommendations during quarterly earnings conference calls. This is not the most exciting part of Wall Street, but occasionally, it does become so.Lowe's Companies TodayLOWLowe's Companies$250.07 +9.76 (+4.06%) 52-Week Range$181.85▼$262.49Dividend Yield1.84%P/E Ratio20.09Price Target$254.04Add to WatchlistOn the r ...

DNY59Lowe’s stock: previous thesis and Q2 recap I last wrote on Lowe’s (NYSE:LOW) stock about four months ago. As you can see from the screenshot below, that article, "Lowe's Stock: Buy Wonderful Businesses At Fair Prices," was published by Seeking Alpha on May 3, 2024. In that article, I argued for a buy thesis based on the following considerations: Lowe's valuation, with P/E ratios substantially higher than the sector median, is by no means cheap. However, I do not see an obvious overvaluation either ...

Lowe's Companies Inc (NYSE:LOW) and Kellanova (NYSE:K) are both seeing unusual options activity today: the former's after an earnings call and the latter's following a U.S. Securities and Exchange Commission (SEC) filing. Lowe's Companies stock is 0.7% lower at $241.62 at last glance, a modest midday deficit considering that, while the blue-chip retailer posted better-than-expected earnings for the fiscal second quarter, its quarterly revenue missed the mark and the firm slashed is full-year outlook. In res ...

Lowe’s Companies, Inc. LOW released earnings results for its second quarter Tuesday before the opening bell.The company reported adjusted earnings per share of $4.10, beating the analyst consensus of $3.99. Quarterly revenues totaled $23.586 billion, missing the street view of $24.013 billion.Analysts covering the Louisville, Kentucky-based company provided their takes:JP Morgan analyst Christopher Horvers reiterated an Overweight rating.Goldman Sachs analyst Kate McShane reiterated the Buy rating on Lowe’s ...

Lowe’s cut its annual profit and sales forecasts on Tuesday, echoing bigger rival Home Depot’s concerns of a slim chance of a recovery in home improvement demand this year.The Federal Reserve was expected to cut interest rates earlier this year, but insufficient proof of easing inflation thus far has kept the rates high, which is affecting home sales, and consequently demand for expensive renovation projects.“We’re seeing significant implications … people aren’t moving nearly as often as they typically do b ...

Lowe's Companies, Inc. (NYSE:LOW) Q2 2024 Earnings Conference Call August 20, 2024 9:00 AM ET Company Participants Kate Pearlman - Vice President, Investor Relations & Treasurer Marvin Ellison - Chairman & Chief Executive Officer Bill Boltz - Executive Vice President, Merchandising Joe McFarland - Executive Vice President, Stores Brandon Sink - Executive Vice President & Chief Financial Officer Conference Call Participants Simeon Gutman - Morgan Stanley Steven Zaccone - Citi Christopher Horvers - JPMorgan S ...

Lowe's (LOW) executives spent Tuesday's earnings call discussing the retailer's struggles with lower discretionary spending from consumers, along with its efforts to expand its market share among professional contractors and improve its digital experience. The comments came after Lowe's second-quarter revenue came in lower than expected, leading the retailer to lower its full-year projections for sales and profits as inflation has led many consumers to hold off on larger home-improvement projects. Lowe's s ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...