There could be better times in the long run for Lowe's and Home Depot, after a long sales slump.
Last month, Lowe's Companies Inc LOW reported mixed results for its fiscal second quarter.
Lowe's Companies Inc (NYSE:LOW) stock is up 1.2% ahead of today's trading, after a bull note from Oppenheimer.
Lowe's Companies, Inc. has a strong history of returns and dividend growth but faces challenges like declining revenue and softening consumer demand, warranting a “Hold” rating. The Pro segment and digital innovations are growth avenues, but overall sales are down, and future revenue is expected to decline further. Despite solid cash flow and smart capital management, the days of 20%+ dividend growth are likely over, with future growth expected in single digits.
Zacks.com users have recently been watching Lowe's (LOW) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Lowe's Companies, Inc. (NYSE:LOW ) Goldman Sachs 31st Annual Global Retailing Conference September 5, 2024 9:35 AM ET Company Participants Marvin Ellison - Chief Executive Officer Conference Call Participants Katharine McShane - Managing Director, Goldman Sachs Katharine McShane Good morning, everyone. It's my pleasure to introduce Marvin Ellison, Chairman, President and Chief Executive Officer of Lowe's.
Lowe's is trying to gain share in the important commercial home improvement market. Same-store sales are projected to continue their decline.
Lowe's (LOW) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Home-improvement retailer Lowe's Cos. has become the latest company to change its approach to diversity, equity and inclusion amid an increase in legal challenges to the corporate world and pressure from conservatives.
When analysts prepare to assign a rating and a price target to a stock, they typically discuss the trend with each other. Otherwise, they arrange all the questions that need to be answered to make recommendations during quarterly earnings conference calls.
LOW reported some headwinds in its Q2 earnings surrounding its DIY demands and weather conditions. I see these headwinds as temporary only. I expect EPS growth to resume soon thanks to its robust ROCE and sustainable CAPEX investment.
Lowe's Companies Inc (NYSE:LOW) and Kellanova (NYSE:K) are both seeing unusual options activity today: the former's after an earnings call and the latter's following a U.S. Securities and Exchange Commission (SEC) filing.