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 ...

Lowe's Companies, Inc. reported Wednesday lower profit in its fourth quarter mainly on one-time charges, while total sales and Comparable sales increased from last year. Further, the home improvement retailer issued fiscal 2026 outlook, expecting sales growth and flat to higher comps, amid ongoing uncertainty in the home improvement market.In pre-market activity, the shares were losing around 3 percent, at $270.00, after closing Tuesday's regular trading 1.5 percent higher.Marvin Ellison, Lowe's chairman, ...

Lowe's shares fell early Wednesday after the company posted better-than-expected earnings but warned of continued uncertainty in the home-improvement category. ...

Key TakeawaysChinese President Xi Jinping met with German Chancellor Friedrich Merz, calling for the two nations to be "reliable partners" in innovation and Artificial Intelligence.Lowe's (LOW) reported Q4 sales of $20.58 billion, beating the $20.34 billion estimate, while posting a 1.3% increase in comparable sales.Bank of Montreal (BMO) delivered a strong Q1 beat with adjusted EPS of CAD 3.48, significantly higher than the CAD 3.22 analyst forecast.Xi emphasized the need to safeguard global supply chain s ...

Core Viewpoint - Lowe's reported higher fourth-quarter sales, driven by growth in its business supplying professional builders, which helped offset weakness in the home improvement market [1] Group 1 - The company experienced continued growth in its business segment that caters to professional builders [1] - The increase in sales was significant enough to counterbalance the overall weakness observed in the home improvement market [1]

Core Insights - Lowe's exceeded Wall Street's expectations for quarterly revenue and earnings, with sales growing over 10% year-over-year [1] Financial Performance - For the fiscal fourth quarter, Lowe's reported a net income of $999 million, or $1.78 per share, down from $1.13 billion, or $1.99 per share, in the same quarter last year [3] - Revenue for the quarter was $20.58 billion, surpassing expectations of $20.34 billion [6] - Adjusted earnings per share were $1.98, slightly above the expected $1.94 [6] Sales Outlook - Lowe's anticipates total sales for the current fiscal year to be between $92 billion and $94 billion, representing a 7% to 9% increase from the previous year [2] - The company expects adjusted earnings per share for the full year to range from $12.25 to $12.75 [2] - Comparable sales are projected to be flat to up 2% [2] Market Context - CEO Marvin Ellison noted that the company's strategy is resonating with both do-it-yourself customers and home professionals, despite a tepid home improvement market [3] - The overall home improvement demand remains weak, as consumers delay large projects due to high borrowing costs and economic concerns [4] Stock Performance - Lowe's shares have increased nearly 16% year-to-date, outperforming the S&P 500's approximately 1% gains during the same period [5] - Over the past year, Lowe's stock is up about 15%, closely matching the S&P 500's approximately 16% gains [5]

Skip to main content Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv Lowe's forecasts downbeat annual sales as customers defer big-ticket home remodels Read Next Business February 25, 202611:08 AM UTCUpdated ago By Reuters LOWE'S logo is seen in this illustration taken, February 11, 2025. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing Rights, opens new tab Feb 25 (Reuters) - Lowe's Cos (LOW.N), opens new tab forecast annual sales and profit below ...

U.S. stock futures are trending higher this Wednesday morning, February 25, 2026, as investors digest the implications of President Donald Trump’s State of the Union address and brace for the most anticipated corporate event of the quarter: Nvidia’s earnings report. Market sentiment appears to be stabilizing after a period of heightened volatility driven by the implementation of new global tariffs and shifting expectations for the artificial intelligence (AI) sector.Premarket Activity and Index PerformanceA ...

Core Viewpoint - The article suggests that investors should have sold The Home Depot, Inc. (HD) stock following the post-Q2 earnings surge due to mixed fundamentals and overvaluation concerns [1] Summary by Relevant Categories Company Performance - The Home Depot's recent earnings report showed mixed fundamentals, indicating potential weaknesses in the company's financial health [1] Investment Strategy - The recommendation is to sell the stock after the earnings pop, highlighting concerns over the stock's valuation [1] Analyst Background - The analyst has a strong focus on the tech sector and holds a Bachelor of Commerce Degree with Distinction, majoring in Finance, indicating a solid educational background in finance [1]

Home Depot has remodeled Wall Street’s outlook on its stock. Shares of the home improvement giant climbed 2% on Tuesday after the company’s performance beat analysts’ expectations during the last three months of its fiscal 2025 despite a lackluster housing market and drooping consumer confidence. Home Depot’s adjusted earnings per share of $2.72 topped the $2.53 average estimate of analysts polled by FactSet. While sales fell nearly 4% to $38.2 billion, they were still higher than the $38.09 billion anal ...