LOW Archives - VectorVest

22 08, 2023

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

Feature: Stock Market Investing, Featured: News, Stocks in the News

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

By VectorVest|2023-08-22T19:04:44+00:00August 22nd, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: Consumer Cyclical, Home Improvement Retail, Hot Stocks, LOW, Lowe's Companies|

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

Feature: Stock Market Investing, Featured: News, Stocks in the News

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

By VectorVest|2023-06-16T18:27:16+00:00March 1st, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: Earnings Season, Home Improvement, LOW, Lowes|

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 [...]