20 08, 2024

Lowes Reports Mixed Bag Earnings With Cuts to Full-Year Forecast: 3 Things Investors Should Know

By |2024-08-20T17:08:57+00:00August 20th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , |

Lowe’s (LOW) reported second-quarter earnings today that sent mixed messages - while the home improvement store beat earnings expectations, sales were down.  The company is expecting to fall short of its original guidance for the full year now, which has sent shares slightly down in Tuesday morning trading. Here’s how the company finished Q2: [...]

20 12, 2023

Lowe’s Drops on Dwindling Sales for Q3, Reduced Guidance: We Still See Reasons to BUY This Stock

By |2023-12-20T17:09:58+00:00December 20th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , |

Lowe’s (LOW) slipped a little over 1% in Wednesday's trading session after delivering disappointing Q3 earnings followed by a reduced guidance for the year ahead. While the home improvement retailer did exceed the earnings expectation with $3.06/share compared to the $3.02/share consensus, a cinch in consumer spending is becoming more and more apparent. The [...]

22 08, 2023

Lowes Struggles With Dwindling Sales, But Reaffirms Full-Year Outlook: Time to Buy the Stock?

By |2023-12-07T19:53:49+00:00August 22nd, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , |

Lowes (LOW) reported second-quarter earnings in Tuesday morning’s trading session. So far, the news has sent shares more than 4% higher as the company may be suffering from a setback in sales but remains optimistic and upheld its full-year outlook. Revenue for the fiscal second quarter came in at $24.96 billion, which was just [...]

1 03, 2023

Lowes Drops 5% From Earnings Miss & Lackluster Outlook: 3 Things For Investors to Take Note of

By |2023-08-02T19:11:05+00:00March 1st, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , |

Early Wednesday, Lowes (LOW) reported its fiscal fourth-quarter earnings - which left much to be desired. The company missed revenue estimates and took a step back in profit. And to make matters worse, the company expects 2023 to be a step backward. While Wall Street was expecting revenue of $22.69 billion, Lowes came up [...]

Go to Top