LOW Earnings: Lowe’s Posts Q4 Beat; Expects Comps Decline in FY24
TipRanks · 51m ago
Lowe's dips after full-year guidance disappoints amid DIY demand slowdown
Lowe's Companies reported comparable sales decreased 6.2% in the fourth quarter. The company pointed to a slowdown in DIY demand and unfavorable winter weather. Shares of Lowe's (LOW) fell 0.18% in premarket trading to $230.93.
Seeking Alpha · 1h ago
Lowe's Comes Up Shy With An Earnings Forecast That Reflects Economic Uncertainty -- MarketWatch
Lowe's reports fiscal fourth-quarter net earnings of $1.0 billion. The company's comparable sales fell 6.2% to $18.6 billion. Lowe's anticipates $84 billion to $85 billion in sales for the full-year. The stock was moving fractionally higher in premarket action.
MarketWatch · 1h ago
Lowe's Sees Weak FY24 Results, Below Market - Update
NASDAQ · 1h ago
CORRECTION: Lowe's Companies Q4 EPS $1.77 Beats $1.68 Estimate, Sales $18.60B Beat $18.45B Estimate
Lowe's Companies reported quarterly earnings of $1.77 per share. The company reported quarterly sales of $18.60 billion. This is a 17.12 percent decrease over sales of the same period last year. Lowe's beat the analyst consensus estimate for quarterly earnings by 5.36 percent.
Benzinga · 1h ago
Lowe's Companies FY24 Outlook: Revenue $84B - $85B Vs. Vs. $85.61B Estimate, EPS $12.00 - $12.30 Vs. $12.95 Estimate
Full Year 2024 Outlook: Comparable sales expected to be down -2 to -3% as compared to prior year. Total sales of $84 to $85 billion. Operating income as a percentage of sales of 12.6 to 12.7%. Capital expenditures of approximately $2 billion.
Benzinga · 2h ago
Lowe's Cos. Q4 Profit Climbs
NASDAQ · 2h ago
Lowe's beats top and bottom line estimates, gives 2024 outlook
Seeking Alpha · 2h ago
Webull provides a variety of real-time LOW stock news. You can receive the latest news about Lowes Companies through multiple platforms. This information may help you make smarter investment decisions.
About LOW
Lowe's Companies, Inc. is a home improvement retailer. The Company operates home improvement and hardware stores. It offers a range of products in departments, including appliances, bathroom, building supplies, cleaning and pet supplies, doors and windows, electrical, flooring and rugs, hardware, heating and cooling, home decor and furniture, kitchen, lawn and garden, lighting and ceiling fans, molding and millwork, outdoor living and patio, paint, plumbing, smart home, security, wireless fidelity (Wi-Fi), sports and fitness, storage and organization, tools, accessible home, animal and pet care, automotive, and holiday decorations. The Company offers installation and services for the bathroom, doors and windows, exterior home, flooring, heating and cooling, home accessibility, interior home, and kitchen. It offers products and services through its contact centers, in-store, online, or through its mobile application. It operates over 1,700 home improvement stores in the United States.