劳氏早盘跌4.6%,尽管Q4销售额大涨超10%

Core Viewpoint - Lowe's reported quarterly revenue and profit exceeding Wall Street expectations, with sales growth of over 10% year-on-year [1] Group 1: Financial Performance - For the fourth fiscal quarter, Lowe's net profit decreased from $1.13 billion ($1.99 per share) to $999 million ($1.78 per share) year-on-year [2] - Adjusted earnings per share for the quarter were $1.98, slightly above the expected $1.94 [6] - Revenue for the quarter was $20.58 billion, surpassing the forecast of $20.34 billion [6] Group 2: Sales and Guidance - The company expects total sales for the fiscal year to be in the range of $92 billion to $94 billion, representing a growth of approximately 7% to 9% compared to the previous year [1][5] - The adjusted earnings per share guidance for the year is projected to be between $12.25 and $12.75 [1][5] - Same-store sales are expected to remain flat to grow by 2% [1] Group 3: Market Environment and Strategy - CEO Marvin Ellison noted challenges from high mortgage rates and sluggish real estate sales but emphasized the company's focus on efficiency improvements and market share capture [1][5] - The company has seen growth driven by professional renovation customers, online sales, home services, and strong holiday sales [3] - Lowe's has made strategic acquisitions, including a $8.8 billion purchase of Foundation Building Materials and a $1.33 billion acquisition of Artisan Design Group, to enhance its service offerings [3] Group 4: Stock Performance - Lowe's stock has risen nearly 16% year-to-date, significantly outperforming the S&P 500 index, which has increased by about 1% [4] - Over the past year, Lowe's stock has gained approximately 15%, in line with the S&P 500's roughly 16% increase [4]

劳氏早盘跌4.6%,尽管Q4销售额大涨超10% - Reportify