Lowe’s beats Q4 estimates but shares fall on soft guidance Proactive uses images sourced from Shutterstock Lowe's Companies Inc (NYSE:LOW) reported fourth quarter and full-year results for fiscal 2025 this morning, posting stronger-than-expected earnings for the holiday quarter but offering a conservative outlook for 2026. Shares traded down almost 5% in early trading following the report. For the fourth quarter ended Jan. 30, Lowe’s reported net earnings of $1.0 billion and diluted EPS of $1.78, down fr ...

This story was originally published on Retail Dive. To receive daily news and insights, subscribe to our free daily Retail Dive newsletter. Dive Brief: As the housing market remains pressured, Lowe’s is cutting jobs and issuing what executives themselves are describing as “cautious” financial guidance for the year ahead. The home retailer slashed 600 corporate and support roles earlier this month as part of its productivity initiatives. As to guidance, the home improvement retailer expects full-year t ...

Decent quarter all things considered for Home Depot (HD). Reasonable EPS outlook for 2026 given the tepid state of the US housing market. Here's what Home Depot CFO Richard McPhail told me this morning on the state of the housing market: “First of all, our customers are the homeowner – and so they're one of the most resilient customer cohorts in the economy. But they're feeling pressure like everyone else. They tell us they have concerns around housing affordability, general affordability and broader co ...

NEW YORK (AP) — Wall Street tacked on some more gains Friday as it glided to the finish of its latest record-setting week. The S&P 500 rose 0.5% to close out its sixth winning week in the last seven. The Dow Jones Industrial Average added 172 points, or 0.4%, and the Nasdaq composite climbed 0.7%. All three hit all-time highs for a second straight day. They’ve been rallying on expectations that the Federal Reserve will continue to cut interest rates in order to give the economy a boost after the centra ...