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: [...]

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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 [...]

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