Lowe's Companies, Inc. (LOW) Q3 2023 Earnings Call Transcript
Lowe's Companies, Inc. (NYSE:LOW ) Q3 2023 Earnings Conference Call November 21, 2023 9:00 AM ET Company Participants Kate Pearlman - VP, IR Marvin Ellison - Chairman & CEO William Boltz - EVP, Mer...
Lowe's Cuts Its Forecast as Sales Drop Amid Decline in DIY Project Spending
Shares of Lowe's (LOW) dropped over 2% in early trading Tuesday after the home improvement retailer missed revenue expectations and slashed its outlook as the booming demand for home upgrades durin...
Lowe's Cuts Sales Forecast as Consumers Decide Against DIY
Consumers are putting do-it-yourself (DIY) projects on hold, which is bad news for Lowe's. The home improvement chain has slashed its full-year sales outlook, saying Tuesday (Nov. 21) that it had s...
Lowe's sees steeper drop in annual sales as DIY demand stumbles
Lowe's saw a "greater-than-expected pullback in DIY discretionary spending, particularly in bigger ticket categories" in the third quarter, CEO Marvin Ellison said.
Lowe's (LOW) Beats Q3 Earnings Estimates
Lowe's (LOW) came out with quarterly earnings of $3.06 per share, beating the Zacks Consensus Estimate of $3.05 per share. This compares to earnings of $3.27 per share a year ago.
Lowe's cuts sales outlook as homeowners take on fewer projects; shares slide
Lowe's cut its full-year sales and earnings outlook as it said homeowners were taking on fewer do-it-yourself projects.
Lowe's sees pullback in discretionary spending, cuts earnings outlook
Lowe's Cos. Inc. shares LOW were falling more than 5% in Tuesday's premarket trading after the home-improvement company trimmed its full-year outlook and called out pressure on discretionary spending.
Lowe's (LOW) to Come Up With Q3 Earnings: A Glimpse at Comps
Lowe's (LOW) third-quarter performance will likely show the impacts of a challenging operating backdrop, including inflationary pressures and foreign currency headwinds.
Lowe's Is An Attractive Addition To Your Portfolio
Lowe's is a dividend king with over six decades of dividend increases and aggressive buybacks. The company has experienced significant revenue and EPS growth, driven by organic growth and cost redu...
Lowe's: Going 'All-In' At This Valuation
With mortgage rates hitting a two-decade high and putting pressure on existing home sales, Lowe's stock price has remained stagnant over the last two years. Lowe's, as a high-quality business, is w...
Lowe's Companies, Inc. (LOW) is Attracting Investor Attention: Here is What You Should Know
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 (LOW) Rises But Trails Market: What Investors Should Know
Lowe's (LOW) closed the most recent trading day at $194.58, moving +0.18% from the previous trading session.
Lowe's (LOW) Increases Yet Falls Behind Market: What Investors Need to Know
Lowe's (LOW) concluded the recent trading session at $191.29, signifying a +0.38% move from its prior day's close.
The Market Is Growing Too Pessimistic On Lowe's Outlook
Lowe's shares have been falling for two months, but the market is overly negative on the company's prospects. Lowe's business has slowed but remains strong, and normalization does not mean ongoing ...
Lowe's Companies, Inc. (LOW) Is a Trending Stock: Facts to Know Before Betting on It
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.
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