LOW - Lowe's Companies, Inc.

NYSE - NYSE Delayed Price. Currency in USD
-5.68 (-5.01%)
At close: 4:04PM EST

107.62 0.00 (0.00%)
After hours: 4:25PM EST

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Previous Close113.30
Bid106.50 x 1400
Ask108.86 x 1200
Day's Range107.53 - 112.54
52 Week Range91.60 - 126.73
Avg. Volume3,547,491
Market Cap82.488B
Beta (5Y Monthly)1.27
PE Ratio (TTM)19.60
EPS (TTM)5.49
Earnings DateMay 19, 2020
Forward Dividend & Yield2.20 (1.94%)
Ex-Dividend DateJan 20, 2020
1y Target Est135.00
  • SiteOne Landscape Supply adds Lowe's veteran to its C-Suite
    American City Business Journals

    SiteOne Landscape Supply adds Lowe's veteran to its C-Suite

    The Roswell-based landscape supply distributor picked a new senior vice president and chief marketing officer.

  • MarketWatch

    Lowe's says it will invest $1.7 billion in its supply chain over the next five years

    Lowe's Cos. is currently undergoing a transformation that includes a $1.7 billion investment in its supply chain, according to Marvin Ellison, the home improvement retailer's chief executive. Speaking on the earnings call on Wednesday, Ellison said the investment will help with the changes being made to the e-commerce site. Growth in the online channel has been slowed in order to modernize the site, Ellison said. "Getting digital right is critical if Lowe's is to generate higher growth, if only because increasing numbers of consumers start their journey by researching online and many more are now ordering online too," said Neil Saunders, managing director at GlobalData Retail. Lowe's reported fourth-quarter earnings and revenue that beat expectations but guidance fell short. Among the factors, Ellison blamed marketing missteps during the shortened shopping season, including a failure to "fully capitalize on demand for appliances among other key categories," according to a FactSet transcript. Appliances were an area of strength for Lowe's biggest competitor, Home Depot Inc. . "We prefer Home Depot for its high level of consistency and strong execution," said Raymond James in a note. Raymond James rates Lowe's stock market perform. Lowe's shares have fallen 12% for the week so far, but shares are up 2.4% for the past year. The S&P 500 index has gained 9% over the past year.

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    Bill Ackman Continues to Chip Away at Largest Holding

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  • GuruFocus.com

    US Indexes Close Mostly Lower Again Wednesday

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  • Lowe's to Webcast Presentation from the UBS Global Consumer & Retail Conference
    PR Newswire

    Lowe's to Webcast Presentation from the UBS Global Consumer & Retail Conference

    Lowe's Companies, Inc. (NYSE: LOW) announces that Marvin R. Ellison, president and chief executive officer, and David M. Denton, chief financial officer, will present at the UBS Global Consumer & Retail Conference in Boston, MA.

  • Lowe's Earnings Top, But Same-Store Sales, Profit Guidance Weak
    Investor's Business Daily

    Lowe's Earnings Top, But Same-Store Sales, Profit Guidance Weak

    Lowe's earnings topped Q4 views, but revenue, same-store sales missed while the home improvement chain gave weak EPS guidance, a day after strong Home Depot results. Lowe's stock fell.

  • Benzinga

    Self-Inflicted Wounds Lead To Holiday Sales Below Internal Expectations

    Lowe's Companies Inc. (NYSE: LOW) reported adjusted earnings per share (EPS) of $0.94 for its fiscal fourth quarter, which ended on January 31, $0.03 better than the consensus estimate. On the company's earnings conference call, management said that while it had a strong holiday season, it fell short of internal expectations as the holiday marketing activity should have been launched earlier in November and not as close to Black Friday as it was. The Mooresville, North Carolina-based home improvement retailer reported net sales growth of 2.4% year-over-year to $16 billion.

  • GuruFocus.com

    Lowe's Posts Mixed Results for 4th Quarter

    Cost-cutting efforts combined with better store traffic helped company surpass earnings projections Continue reading...

  • Barrons.com

    Lowe’s Missed Sales Forecasts. Why Its Stock Is Rising Anyway.

    Lowe’s stock edged cautiously higher on Wednesday, as the home improvement retailer beat earnings expectations in the fourth quarter but its sales fell short.

  • Benzinga

    Lowe's Reports Q4 Earnings Beat

    Lowe's Companies (NYSE: LOW ) reported quarterly earnings of 94 cents per share on Wednesday, which beat the analyst consensus estimate of 91 cents by 3.3%. This is a 17.5% increase over earnings of 80 ...

  • Lowe's (LOW) Q4 Earnings Beat Estimates, Revenues Miss

    Lowe's (LOW) Q4 Earnings Beat Estimates, Revenues Miss

    Lowe's (LOW) comparable sales for the U.S. home improvement business rose 2.6% during the fourth quarter of fiscal 2019.

  • Lowe’s touts profitability amid 'healthy home-improvement market'
    American City Business Journals

    Lowe’s touts profitability amid 'healthy home-improvement market'

    CEO Marvin Ellison says profitability exceeded expectations in the fourth fiscal quarter. Here's what drove that growth.

  • Lowe's (LOW) Beats Q4 Earnings Estimates

    Lowe's (LOW) Beats Q4 Earnings Estimates

    Lowe's (LOW) delivered earnings and revenue surprises of 3.30% and -0.74%, respectively, for the quarter ended January 2020. Do the numbers hold clues to what lies ahead for the stock?

  • MarketWatch

    Lowe's earnings top estimate as forecast lags consensus

    Home-improvement retailer Lowe's said it swung to a fiscal fourth-quarter ending Jan. 31 profit of $509 million, or 66 cents a share, as sales grew to $16.03 billion from $15.65 billion, with comparable store sales up 2.5%. Excluding items, Lowe's said it would've earned 94 cents a share. Analysts polled by FactSet expected earnings of 91 cents a share on revenue of $16.15 billion and comparable-store sales growth of 3.5%. Lowe's says fiscal 2021 adjusted earnings will range from $6.45 to $6.65 on comparable-store sales growth between 3% and 3.5%. Analysts had forecast earnings of $6.67 for fiscal 2021.

  • Benzinga

    Lowe's Companies Q4 Earnings Preview

    On Wednesday, February 26, Lowe's Companies (NYSE: LOW ) will release its latest earnings report. Benzinga's outlook for Lowe's is included in the following report. Earnings and Revenue Based on Lowe's ...

  • Home Depot Delivers But Can't Get Comfortable

    Home Depot Delivers But Can't Get Comfortable

    (Bloomberg Opinion) -- Who would have thought power tools and patio sets would be big holiday-season winners?After big-box retailers such as Walmart Inc.  and even superstar Target Corp. came up short during the 2019 holiday shopping sprint, Home Depot Inc. rebounded with a better-than-expected fourth quarter. Same-store sales rose 5.2%, ahead of consensus expectations of a 4.7% gain.The gains indicate the home-improvement chain is back on track after a third-quarter stumble. Then, same store sales were below estimates, and growth was slow enough to prompt the company to cut its full-year guidance on this measure. A strong housing market helped in the latest quarter. Consumers are more likely to renovate when prices are rising; moving to a new home also is a catalyst for spending. Meanwhile, warm weather prompted some projects to be brought forward, although this was offset by fewer winter storms, which typically drive repairs. Lumber deflation also eased. The upbeat results are also a sign that an $11 billion effort it announced in 2017 to modernize the company’s stores, upgrade digital options and enhance offerings for its key trade customers is starting to bear fruit.Home Depot is right to invest. Do-it-yourself stores can be soulless sheds if not updated regularly and managed properly. What’s more, the focus on the trade market is sensible. Many consumers, particularly young people, are shunning DIY in favor of  “do-it-for-me” – hiring a tradesman to carry out a job. But the group needs to ensure the benefits of its spending continue to filter through to its results.And there are risks. The first is from the deadly coronavirus. About 70% of the company’s products are sourced from the U.S.; the rest come from elsewhere, much from China, where supply chains are being affected by the spread of the disease. A large amount of first-quarter merchandise is already in stores, and the company is working with suppliers to ensure a continued flow of stocks.The bigger danger, however, is that the epidemic has a broader effect on global economic growth and consumer confidence. Monday’s stock market plunge will do little to make Americans feel good about their wealth, something that is essential for purchasing expensive items such as new kitchen. Meanwhile, Lowe’s Cos. — which is working on its own renovation project under new chief executive Marvin Ellison —could become a more muscular rival.Investors seem to be shrugging off these concerns right now. The shares rose almost 2 percent on Tuesday morning, and now trade on a forward price earnings ratio of about 23 times, a premium to about 18 times for Lowe’s.Home Depot may have put its rough patch behind it. But at its current valuation, the risks can’t be swept entirely under a graphic print rug.To contact the author of this story: Andrea Felsted at afelsted@bloomberg.netTo contact the editor responsible for this story: Beth Williams at bewilliams@bloomberg.netThis column does not necessarily reflect the opinion of Bloomberg LP and its owners.Andrea Felsted is a Bloomberg Opinion columnist covering the consumer and retail industries. She previously worked at the Financial Times.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Home Depot quarterly earnings beat estimates, shares rise in pre-market trading
    Yahoo Finance

    Home Depot quarterly earnings beat estimates, shares rise in pre-market trading

    Home Depot earnings are out. Here is what you need to know.

  • MarketWatch

    Home Depot tops fourth-quarter earnings view and hikes dividend by 10%

    The Home Depot said fiscal fourth-quarter ending Feb. 2 net income rose 5.8% to $2.48 billion, or $2.28 a share, while sales fell 2.7% to $25.78 billion. Analysts polled by FactSet had forecast earnings of $2.11 a share on sales of $25.76 billion. The world's largest home-improvement retailer said the extra week of operations in fiscal 2018 added $1.7 billion in sales, as comparable sales rose 5.2%. For fiscal 2020, Home Depot forecasts EPS of $10.45, sales growth between 3.5% and 4%, and comparable sales growth between 3.5% and 4%. Analysts had forecasted 2020 EPS of $10.51. Home Depot hiked its dividend by 10% to $1.50 a share.

  • Home Depot limits sale of masks to 10 per person
    Yahoo Finance Video

    Home Depot limits sale of masks to 10 per person

    In an effort to help prevent a shortage of medical supplies, Home Depot has announced it will be limiting the amount of masks a single person can buy. Yahoo Finance’s Melody Hahm joins the On The Move panel to discuss the details.