Lowe's Stock Dip: Don't Miss This Second-Chance Entry Point
Lowe's Companies NYSE: LOW price action pulled back from its October peak, providing a second-chance opportunity for investors. The opportunity is to add to positions or create new ones at a discounted price.
Lowe's: Mixed Q3 Earnings And Uncertain Near Term Don't Diminish The Long Term Outlook
Lowe's benefits from long-term tailwinds: Aging housing stock, home price appreciation, and rising disposable income, positioning it well for future growth despite near-term challenges. Q3 earnings showed a decline in sales and comp sales, with DIY market weakness and storm-related sales impacting margins, but Pro sales and online growth were strong. Lowe's raised its full-year guidance but lowered operating margin expectations, and a challenging market caused a selloff.
New at Noon: Lowe's falls despite earnings beat
The Investment Committee debate the retail sector and how to trade it.
Here's What's Driving Lowe's Stock Lower Today
The home improvement retailer is still facing a serious economic headwind.
Two Big Retailers Lifted Their Outlooks Today—With More Results on the Way
Some big retailers are feeling better about the end of the year.
Lowe's Companies, Inc. (LOW) Q3 2024 Earnings Call Transcript
Lowe's Companies, Inc. (NYSE:LOW ) Q3 2024 Results Conference Call November 19, 2024 9:00 AM ET Company Participants Kate Pearlman - Vice President, Investor Relations & Treasurer Marvin Ellison - Chairman & Chief Executive Officer Bill Boltz - Executive Vice President, Merchandising Joe McFarland - Executive Vice President, Stores Brandon Sink - Executive Vice President & Chief Financial Officer Conference Call Participants Peter Benedict - Baird Steven Forbes - Guggenheim Securities Simeon Gutman - Morgan Stanley Christopher Horvers - JPMorgan Eric Bosshard - Cleveland Research Karen Short - Melius Research Seth Sigman - Barclays Chuck Grom - Gordon Haskett Operator Good morning, everyone. Welcome to Lowe's Companies Third Quarter 2024 Earnings Conference Call.
Lowe's Q3 Earnings Beat, Comps Decline, FY24 Outlook Revised
Lowe's comparable sales for the third quarter fall 1.1%, showing an improvement from the 5.1% decline recorded in the preceding quarter.
Options Traders Blast Lowe's Stock After Earnings
Lowe's Companies Inc (NYSE:LOW) reported third-quarter adjusted earnings per share of $2.89 on revenue of $20.17 billion, both of which beat Wall Street's estimates And while the home improvement retailer also raised its outlook, it said it expects full-year sales to decline year over year, leading LOW 4.7% lower to trade at $259.02 at last glance.
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.
Lowe's Sales, Profit Top Estimates Despite Continued 'Big Ticket' Softness
Lowe's (LOW) reported third-quarter results Tuesday morning above analysts' expectations despite "continued softness" in big-ticket discretionary purchases.
Lowe's tops expectations after hurricanes drive home retail demand
Lowe's Companies Inc has unveiled expectation-beating results for the third quarter, driven by heightened demand in the wake of hurricanes Helene and Milton. Storm-related, professional and online sales over the three months to November offset soft demand for bigger-ticket DIY items, the home improvement retailer said Tuesday.
Lowe's Stock Falls After Earnings. Home-Improvement Demand Still Looks Weak.
Sales in the quarter decline 1.4% to $20.2 billion.
