Lowe’s earnings beats estimates and company raises guidance despite weakness in big-ticket items
Lowe’s Cos.’ stock was unable to hold early gains Tuesday, after the home-improvement retailer beat third-quarter estimates and raised its guidance, as softness in big-ticket items weighed against storm-related sales and positive same-store sales in Pro and online.
Lowe's beats on earnings and hikes guidance, but still expects sales to fall this year
Lowe’s topped quarterly earnings and revenue estimates, but even its raised sales outlook would be a decline from last year.
Lowe’s Stock Falls After Earnings. Home-Improvement Demand Still Looks Weak.
Lowe’s shares were falling Tuesday as the company’s quarterly earnings report failed to reassure investors that the home-improvement market is headed back to normal after years of weak demand. Lowe’s raised its total sales outlook for 2024 to between $83 billion and $83.
Lowe's stock falls as investors focus on soft big-ticket items, overlook earnings beat
Lowe’s Cos.’ stock was unable to hold early gains Tuesday, after the home-improvement retailer beat third-quarter estimates and raised its guidance, as softness in big-ticket items weighed against storm-related sales and positive same-store sales in Pro and online.
Lowe's (LOW) Beats Q3 Earnings and Revenue Estimates
Lowe's (LOW) came out with quarterly earnings of $2.89 per share, beating the Zacks Consensus Estimate of $2.82 per share. This compares to earnings of $3.06 per share a year ago. These figures are adjusted for non-recurring items.
Lowe's Beats on Q3 EPS, Raises Outlook
Lowe's reported mixed earnings for Q3, with revenue slightly surpassing expectations but noting challenges in DIY sales.
Lowe's same-store sales forecast boosted by storm recovery; muted DIY spend weighs
Lowe's Cos forecast a slower-than-expected drop in annual comparable sales on Tuesday, banking on a boost to its ...
Lowe’s Lifts Sales Forecast on Improving Housing Spend
Lowe’s Cos. raised its sales forecast for the year, buoyed by higher spending on home improvement in the Pro category.
SchaeffersResearch.com40m
Options Traders Blast Lowe's Stock After Earnings
Lowe's (LOW) stock is lower after the home improvement retailer's fiscal third-quarter beats was overshadowed by a gloomy ...
Lowe's Raises Annual Same-Store Sales Forecast on Storm Recovery Spending Boost
(Reuters) -Home improvement retailer Lowe's Cos forecast a slower-than-expected drop in annual comparable sales on Tuesday as ...
Seeking Alpha on MSN23h
Lowe's comparable sales data in focus during Q3 earnings
Lowe's (NYSE:LOW) is set to announce third quarter results on Tuesday, and investors will keep an eye on the sales trend, ...
Lowe's 3Q Sales Decline But Beat Estimates, Boosts 2024 Outlook in Part on Storm-Related Demand
Lowe's adjusted its forecast for 2024, citing third-quarter results and anticipated modest storm-related demand in the fourth quarter.
Benzinga.com8h
Lowe's Q3: Earnings: Revenue And EPS Beat But Comp Sales Fall Amid Softness In Bigger-Ticket DIY Discretionary Demand
Lowe's Q3 EPS of $2.89 beats estimates, while sales of $20.17B surpass consensus, despite a 1.1% drop in comparable sales. Lowe's raises FY24 guidance, expects ...
Best Lowe’s Coupons Right Now: Save Up To 50%
These are the best Lowe's coupons you can use right now to help kick-start (or finish) your next home project.
Lowe’s CEO confident in retailer’s ability to manage Trump tariffs after earnings beat
We feel good about the processes and the systems we put in place since the first Trump administration, to manage tariffs,” ...