VEVOR Pop-Up:"The Great Upgrade" Accessibility StatementSkip Navigation NEW YORK, Nov. 29, 2025 /PRNewswire/ -- Global home improvement brand VEVOR closed out Black Friday with strong commercial momentum and a high-profile brand activation in New York's Times Square, reinforcing its commitment to supporting creators in the home improvement and maker economy worldwide. Through a large-scale public installation and sustainability-driven pop-up experience, the brand brought its "Upgrade Every Space" philosophy ...

Kingfisher shares climbed after the home improvement retailer raised its full-year profit guidance, as households increasingly spent on home renovation projects https://t.co/VxAV79f1Hl ...

Core Viewpoint - Home Depot is experiencing one of its worst performances relative to the S&P 500 in years, indicating a significant slowdown in the housing market and consumer spending [1][2]. Group 1: Company Performance - Home Depot's stock is near a 52-week low following disappointing third-quarter fiscal 2025 results and a revised full-year guidance [3]. - The company anticipates a slight increase in comparable 52-week sales growth but a 5% decline in adjusted diluted earnings per share (EPS) [4]. - Home Depot's diluted EPS for fiscal 2023 was $15.25, reflecting a 9.5% decline from $16.69 in fiscal 2022, marking over three years of falling earnings [5]. Group 2: Market Conditions - CEO Ted Decker noted ongoing consumer uncertainty and a weak housing market, which are negatively impacting home improvement demand [6]. - There is a notable bifurcation in the economy, with strong stock market performance contrasting with struggles in the consumer-facing sector [7][8]. - Management's tone has shifted from cautiously optimistic to serious as the slowdown in housing and consumer spending intensifies [9]. Group 3: Investment Considerations - Home Depot's stock has declined 14% year-to-date and has only increased 24% over the last five years, compared to an 86.2% gain in the S&P 500 [11]. - Despite three consecutive years of lower adjusted earnings, there are still reasons for long-term optimism regarding Home Depot's market share and valuation [12][13]. - The company has raised its dividend for 16 consecutive years, with the latest increase being 2.2%, the smallest since 2010, resulting in a current yield of 2.7% [14]. Group 4: Long-term Outlook - Home Depot is viewed as a strong company amidst a significant industry slowdown, with a recommendation for long-term investors to consider the stock for its potential as a blue-chip dividend investment [15][16].

Core Insights - Griffon Corporation reported fourth-quarter fiscal 2025 adjusted earnings of $1.54 per share, missing the Zacks Consensus Estimate of $1.56, but showing a year-over-year increase of 4.8% [1] - Total revenues reached $662.2 million, exceeding the consensus estimate of $630 million, and reflecting a year-over-year increase of 0.4% [1] Segmental Performance - **Home and Building Products**: This segment accounted for 63.5% of net revenues, generating $420.3 million, a 3% year-over-year increase, driven by favorable pricing and mix, despite lower residential volume. Adjusted EBITDA for this segment was $129.3 million, up 0.4% year over year [2] - **Consumer and Professional Products**: Representing 36.5% of revenues, this segment reported $241.9 million, down 4% year over year, primarily due to an 8% volume reduction linked to decreased consumer demand in the US and UK, although pricing and mix positively impacted revenues by 4% [3] Margin Profile - The cost of sales decreased by 2.6% year over year to $385.9 million, while selling, general, and administrative expenses rose by 3.6% to $157.3 million. The adjusted gross margin improved to 41.7% from 41.1% in the previous year [5] Balance Sheet & Cash Flow - At the end of the fiscal fourth quarter, Griffon had cash and cash equivalents of $99 million, down from $114.4 million a year earlier. Long-term debt decreased to $1.40 billion from $1.52 billion [6] - The company generated net cash of $357.4 million from operating activities, compared to $380 million in the prior year [6] Shareholder Returns - Griffon paid out dividends totaling $39.7 million and repurchased shares worth $183.3 million during the quarter, with $298 million remaining under the share repurchase program. Free cash flow for fiscal 2025 was $323 million, slightly down from $326.1 million in the previous year [7] Outlook - For fiscal 2026, management projects net sales of $2.5 billion and segment adjusted EBITDA between $580 million and $600 million. The Home and Building Products segment is expected to maintain a margin above 30%, while the Consumer and Professional Products segment's EBITDA margin is projected at around 10% [8]

Company Overview - Lowe's Companies, Inc. is a leading home improvement retailer in the United States, known for its extensive product selection and customer service [1] Stock Performance - Lowe's stock is currently priced at $228.41, reflecting a 4.03% increase or $8.84 from the previous trading price [3] - The stock has fluctuated between $224.26 and $232.97 during the trading day, with a yearly high of $280.64 and a low of $206.39, indicating significant volatility [3] - The market capitalization of Lowe's stands at approximately $128.1 billion, showcasing its substantial presence in the industry [4] Analyst Insights - Michael Baker from D.A. Davidson has set a price target of $250 for Lowe's, suggesting an 8.47% potential upside from the current trading price [2][6] - The high trading volume of 7,651,902 shares on the NYSE indicates active trading and strong investor engagement with Lowe's stock [4][6] Market Context - The comparison between Lowe's and Home Depot highlights the challenges posed by a stagnant housing market, yet Lowe's is positioned as a strong contender in the home improvement sector with promising growth prospects [5]

Core Viewpoint - U.S. equity markets are rebounding as investors await Nvidia's quarterly earnings, with technology and communication services sectors leading the recovery [1][3]. Major Index Performance - The S&P 500 Index is up 0.2% to 0.4%, aiming to end a four-session losing streak [2] - The Nasdaq Composite is showing gains between 0.3% and 0.8%, recovering from two consecutive days of declines [2] - The Dow Jones Industrial Average is slightly lower by 0.1% to 0.2%, also looking to break a four-day losing streak [2] - The S&P 500 has faced recent shakiness due to concerns over elevated stock valuations and uncertainty regarding future Federal Reserve interest rate cuts [2]. Afternoon Trading Activity and Sector Performance - Afternoon trading reflects cautious optimism, driven by Nvidia's upcoming earnings report, seen as a crucial test for the AI sector [3] - Technology and communication services sectors are leading, while consumer defensives, energy, and utilities sectors are lagging [3] - The real estate market showed recovery in Q3 2025, with multifamily and office sectors leading growth [3]. Key Company News and Stock Movements - Nvidia (NVDA) stock is up approximately 1.7% to 3.2% ahead of its earnings report, which is expected to assess the AI industry's health [4] - Alphabet (GOOGL) shares jumped over 3% to an all-time high following the announcement of its AI model, Gemini 3 [4] - Lowe's (LOW) shares surged nearly 5% to 6% after a strong Q3 profit report and raised sales projections [4] - Target (TGT) stock dipped 0.5% to 1.5% despite a stronger profit due to weaker-than-expected revenue [4] - Constellation Energy (CEG) rallied 5.2% to 6.1% after a $1 billion loan announcement from the U.S. Department of Energy [4] - Amazon (AMZN) stock slipped 0.8% after a previous drop of 4.4% due to a rating cut [4] - Adobe (ADBE) announced an acquisition of Semrush Holdings Inc. for approximately $1.9 billion [4] - Medtronic plc (MDT) shares jumped 4.7% after reporting better-than-expected earnings [4] - Amer Sports, Inc. (AS) shares surged 8.5% after surpassing earnings estimates [4]. Upcoming Market Events - The September jobs report is scheduled for release on November 20, following a delay due to a government shutdown [6] - Federal Reserve minutes are expected to provide insights into inflation and labor market conditions [6] - Walmart (WMT) is set to report earnings on November 20, which will offer insights into consumer spending [6].

Group 1: Market Overview - The US markets are experiencing a slight bounce back after recent sell-offs, with the Dow up approximately 93 points, or about 0.2% [2] - The S&P 500 is up 0.8%, while the Nasdaq is leading with a 1.3% increase, following a significant tech sell-off [3][4] - Concerns about overvaluation and excessive spending on AI have contributed to the recent declines in tech stocks [4] Group 2: Nvidia and Semiconductor Sector - Nvidia shares have increased by 3.2% ahead of its earnings report, despite a recent sell-off [5] - Analysts expect Nvidia to report nearly 60% year-over-year revenue growth, driven primarily by its data center segment [50] - The semiconductor sector, particularly memory chip prices, is under pressure due to increased demand for high-bandwidth memory (HBM) used in AI data centers [29][33] Group 3: Cryptocurrency Market - Bitcoin has seen a significant decline, down approximately 30% from its record high in October, leading to over $3 billion in outflows from US Bitcoin ETFs in November [9][10] - Despite a slight recovery, Bitcoin remains below $92,000 per token, and the market is experiencing increased volatility [8][11] - Analysts believe that institutional interest in Bitcoin will grow, potentially driving prices higher in the long term, with a target of $200,000 by 2026 [19][27] Group 4: Retail Sector Insights - The retail sector is showing mixed results, with some brands performing well while others, like Pottery Barn, are underperforming [85] - William Sonoma reported revenue and earnings that exceeded estimates, although overall sales growth was below Wall Street expectations [85]

Core Insights - Lowe's Companies, Inc. reported net earnings of $1.6 billion and diluted EPS of $2.88 for Q3 2025, a decrease from $2.99 in Q3 2024. Adjusted diluted EPS increased by 5.9% to $3.06 when excluding $129 million in pre-tax expenses related to acquisitions [1][19][20] Financial Performance - Total sales for the quarter reached $20.8 billion, up from $20.2 billion in the same quarter last year. Comparable sales increased by 0.4%, driven by an 11.4% growth in online sales and double-digit growth in home services and Pro sales [2][3] - Gross margin for the quarter was 34.19%, compared to 33.69% in the prior year, indicating improved profitability [13] - Operating income was $2.481 billion, representing 11.92% of sales, down from 12.57% in Q3 2024 [13] Capital Allocation - The company invested $8.8 billion in the acquisition of Foundation Building Materials and paid $673 million in dividends during the quarter [4][19] - Lowe's updated its full-year 2025 outlook, projecting total sales of $86.0 billion, adjusted operating margin of 12.1%, and adjusted diluted EPS of approximately $12.25 [5][9] Business Outlook - The company anticipates ongoing uncertainty in the macroeconomic environment, which has influenced its updated outlook for 2025 [5][9] - Lowe's continues to focus on enhancing its offerings to Pro customers following the recent acquisitions, aiming for sustainable long-term sales and profit growth [3][5] Operational Metrics - As of October 31, 2025, Lowe's operated 1,756 stores, covering 195.8 million square feet of retail space [3] - The company serves approximately 16 million customer transactions weekly, with total fiscal year 2024 sales exceeding $83 billion [7]

Market Outlook - Markets are anticipating Nvidia's earnings report for insights on the AI outlook, along with earnings from Target and Walmart to gauge consumer spending health [1] - The US Nov NAHB housing market index unexpectedly rose by 1 to a 7-month high of 38, surpassing expectations of no change at 37 [1] Labor Market and Economic Indicators - US weekly initial unemployment claims were reported at 232,000 for the week ending October 18, with continuing claims rising by 10,000 to a 2-month high of 1.957 million [2] - Richmond Fed President Barkin's dovish comments regarding layoffs by large companies and inflation expectations supported stock market recovery [2] - The 10-year T-note yield fell by 2 basis points to 4.12% following ADP's report of an average job loss of 2,500 per week in the four weeks ending November 1 [2] Stock Market Performance - US stock indexes extended declines, with the S&P 500, Dow Jones, and Nasdaq 100 reaching 1-month lows, driven by weakness in technology stocks [3][4] - Amazon.com and Microsoft saw significant declines of over 4% and 2% respectively after a downgrade by Rothschild & Co Redburn [3][10] - Home Depot's stock fell over 6% after cutting its full-year earnings guidance, indicating reduced consumer spending on home improvements [3][12] Earnings Season Insights - Q3 corporate earnings season is nearing completion, with 82% of S&P 500 companies exceeding forecasts, leading to a 14.6% increase in earnings, significantly above the expected 7.2% [6] - Home Depot reported Q3 comparable sales growth of only 0.2%, below the consensus of 1.36%, and adjusted its full-year operating margin estimate downwards [12] International Market Trends - Overseas stock markets also experienced declines, with the Euro Stoxx 50 down 1.88%, China's Shanghai Composite down 0.81%, and Japan's Nikkei 225 down 3.22% [7] Interest Rates and Bond Market - December 10-year T-notes closed up by 4.5 ticks, with the yield falling to 4.121%, driven by stock market weakness and labor market concerns [8] - European government bond yields showed mixed results, with the 10-year German bund yield decreasing by 0.6 basis points [9]

Economic Reports and Market Outlook - A heavy economic schedule in the US includes various reports such as the ADP weekly employment report, industrial production, and the FOMC meeting minutes, indicating a focus on labor market conditions and consumer sentiment [1][2][3] - The markets are anticipating Nvidia's earnings report for insights on the AI outlook, along with earnings from Walmart and Target to gauge consumer spending health [2] Labor Market and Interest Rates - US weekly initial unemployment claims were reported at 232,000, with continuing claims rising by 10,000 to a two-month high of 1.957 million, suggesting potential labor market weakness [2] - The 10-year T-note yield fell by 4 basis points to 4.09% following the ADP report indicating an average job loss of 2,500 per week, which may bolster the outlook for further interest rate cuts by the Fed [3][8] Stock Market Performance - US stock indexes, including the S&P 500, Dow Jones, and Nasdaq 100, fell to one-month lows, driven by weakness in technology stocks and concerns over high valuations [4][5] - The S&P 500 Index decreased by 0.51%, while the Dow and Nasdaq indexes fell by 0.86% and 0.90%, respectively, reflecting a broader market decline [5] Corporate Earnings and Performance - The Q3 earnings season is nearing completion, with 82% of S&P 500 companies exceeding forecasts, resulting in a 14.6% increase in earnings, significantly above the expected 7.2% [6] - Home Depot's stock fell over 3% after reporting Q3 comparable sales growth of only 0.2%, below the consensus of 1.36%, and cutting its full-year operating margin estimate [13] Notable Stock Movements - Major tech stocks, including Amazon and Microsoft, declined over 1% following downgrades, while other tech giants like Meta, Tesla, and Nvidia also saw losses [11][12] - Medtronic's stock rose over 4% after reporting Q2 revenue of $8.96 billion, surpassing the consensus estimate of $8.87 billion [15]