When the stock market goes up, dividend stocks are a good way to invest because they are all-weather investments. From 1991 to 2020, dividend-paying stocks had a 13.3% monthly standard deviation and non-dividend-paying stocks had 15.7%.
The market has become accustomed to higher mortgage rates, and now Lowe's and Sherwin-Williams shares look ready to rise.
Lowe's is preparing to bring its Apple Vision Pro-powered kitchen design experience to its brick-and-mortar stores.
Lowe's (LOW) continues its tradition of rewarding shareholders with a hike in the dividend, reflecting its financial health and growth confidence, making it a reliable choice for income-seeking investors.
Investing in dividend growth stocks is a slow and steady way to build wealth. Stocks characterized by this investing style will raise their dividends annually but also typically experience a rising share price.
Recently, Zacks.com users have been paying close attention to Lowe's (LOW). This makes it worthwhile to examine what the stock has in store.
The management team at Lowe's wants to drive greater revenue from professionals. Lowe's continues to post sales declines in the current macro backdrop.
UPDATE—May 21, 2024: This article has been updated to reflect more recent share price information.
Lowe's Companies, Inc. (NYSE:LOW ) Q1 2024 Results Conference Call May 21, 2024 9:00 AM ET Company Participants Kate Pearlman - VP, IR & Treasurer Marvin Ellison - Chairman & CEO Bill Boltz - EVP, Merchandising Joe McFarland - EVP, Stores Brandon Sink - EVP & CFO Conference Call Participants Christian Carlino - JPMorgan Steven Forbes - Guggenheim Securities Simeon Gutman - Morgan Stanley Michael Lasser - UBS Greg Melich - Evercore ISI Seth Sigman - Barclays Peter Benedict - Baird Jonathan Matuszewski - Jefferies Operator Good morning, everyone. Welcome to Lowe's Companies First Quarter 2024 Earnings Conference Call.
The home improvement sector is getting its affairs in order while eyeing a macro improvement. That's the news from home improvement retailer Lowe's, which cited softer demand and ongoing headwinds — including a slowdown in home sales, higher interest rates and a pullback in consumer spending — during a first-quarter 2024 earnings call Tuesday (May 21).
The home improvement sector is getting its affairs in order while eyeing a macro improvement. That's the news from home improvement retailer Lowe's, which cited softer demand and ongoing headwinds — including a slowdown in home sales, higher interest rates and a pullback in consumer spending — during a first-quarter 2024 earnings call Tuesday (May 21).
Lowe's (LOW) first-quarter fiscal 2024 results reflect a reduction in Do-It-Yourself discretionary spending. Comparable sales for the quarter decline 4.1%.