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Lowe’s CEO confident in retailer’s ability to manage Trump tariffs after earnings beat
Lowe’s Cos.’ stock was unable to hold early gains Tuesday, after the home-improvement retailer beat third-quarter estimates and raised its guidance, as softness in big-ticket items weighed against storm-related sales and positive same-store sales in Pro and online.
Lowe's beats on earnings and hikes guidance, but still expects sales to fall this year
Lowe's topped third-quarter earnings and revenue estimates on Tuesday. The home improvement retailer raised its outlook, but still expects full-year sales to decline from the prior year. Lowe's rival Home Depot has said customers are deferring big projects even after the Federal Reserve cut interest rates.
Lowe’s expecting to end this year with higher sales amid hurricane impacts
This year was the largest storm recovery effort for the home improvement giant, based in the Charlotte region, said CEO Marvin Ellison on Tuesday about Helene. Hurricane Milton al
Lowe’s Stock Falls After Earnings. Home-Improvement Demand Still Looks Weak.
Lowe’s shares were falling Tuesday as the company’s quarterly earnings report failed to reassure investors that the home-improvement market is headed back to normal after years of weak demand. Lowe’s raised its total sales outlook for 2024 to between $83 billion and $83.
Lowe's Stock Is Falling After Earnings. Here's Why
Lowe's stock is lower Tuesday as Wall Street weighs a beat-and-raise quarter against declining revenue. This is what you need to know.
22m
'We're concerned': Walmart, Lowe's among latest companies to warn Trump tariffs could raise product costs
Major American retailers Walmart ( WMT) and Lowe’s ( LOW) raised concerns that President-elect Donald Trump’s proposed ...
19h
Lowe's Beats on Q3 EPS, Raises Outlook
Lowe's reported mixed earnings for Q3, with revenue slightly surpassing expectations but noting challenges in DIY sales.
23h
on MSN
Lowe's Sales, Profit Top Estimates Despite Continued 'Big Ticket' Softness
Lowe's reported third-quarter results Tuesday morning above analysts' expectations despite "continued softness" in big-ticket ...
4h
Lowe's Companies Inc (LOW) Q3 2024 Earnings Call Highlights: Navigating Challenges with Strong ...
Lowe's Companies Inc (LOW) reports $20.2 billion in sales, driven by robust Pro and online growth, despite macroeconomic ...
3h
Lowe’s Announces Q3 2024 Earnings with Updated Outlook
Lowe’s Companies ( (LOW) ) has released its Q3 earnings. Here is a breakdown of the information Lowe’s Companies presented to its ...
23h
on MSN
Lowe's Raises Annual Same-Store Sales Forecast on Storm Recovery Spending Boost
(Reuters) -Home improvement retailer Lowe's Cos forecast a slower-than-expected drop in annual comparable sales on Tuesday as ...
17h
Lowe's beats its quarterly estimates, but negative sales outlook draws focus
Shares of Lowe's are up 20% year to date, compared to the S&P 500's 24% gain, according to Yahoo Finance Data. Rival Home ...
3h
Lowe’s Stock: Hold Rating Amid Mixed Performance and Market Challenges
Analyst Max Rakhlenko of TD Cowen maintained a Hold rating on Lowe’s (LOW – Research Report), retaining the price target of $290.00.Don't Miss ...
4d
Best Lowe’s Coupons Right Now: Save Up To 50%
These are the best Lowe's coupons you can use right now to help kick-start (or finish) your next home project.
13h
on MSN
These Stocks Are Moving the Most Today: Super Micro, Walmart, Nvidia, Lowe’s, Symbotic, MicroStrategy, Incyte, and More
Stocks were mixed on Tuesday after trading lower earlier in the session on pressure from Russia’s move to update its nuclear ...
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