20 12, 2023

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

By |2023-12-20T17:08:24+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 |2023-12-07T19:53:46+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 |2023-12-07T21:00:28+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 [...]

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