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Citing the low DIY sales and a "pressured macroeconomic environment," Lowe's lowered its full-year sales outlook to a range of $82.7 billion-$83.2 billion, from $84 billion-$85 billion previously.
On Feb. 27, Lowe's reported financial results for 2023 and gave its financial outlook for 2024. The company expects its sales to drop between 2% and 3% year over year in the coming year.
Lowe's registered $20.17 billion in revenue for the quarter, below the $20.47 billion it reported a year ago but still better than the $19.89 billion consensus estimate of analysts compiled by ...
Lowe’s Outdoor Equipment Sales Rounding out our list are several brand-new outdoor tools and equipment deals—just in time for the warm weather. This Ego Power+ Electric Riding Mower is a ...
Lowe’s Companies Inc. is buying a Santa Ana-based distributor of ceiling systems, commercial doors, drywall and metal framing ...
Lowe's, Target earnings, retail sales and more: Wednesday's 5 things to know Traders will also be monitoring oil prices in reaction to the weekly inventory report released Wednesday morning ...
Shares of Lowe’s Companies Inc. reversed to a gain Tuesday, after the home-improvement retailer beat fiscal first-quarter profit expectations, and while same-store sales missed forecasts they ...
By Denny Jacob Lowe's maintained its outlook for the year even as sales declined in its latest quarter, joining a handful of companies to stick with its guidance despite uncertainty brought on by ...
On Feb. 27, Lowe's reported financial results for 2023 and gave its financial outlook for 2024. The company expects its sales to drop between 2% and 3% year over year in the coming year.
Lowe’s Companies, Inc. LOW reported first-quarter fiscal 2025 results, with the top and bottom lines surpassing the Zack Consensus Estimate. However, both metrics declined year over year.
Lowe's said it expects full-year total sales to range from $83.5 billion to $84.5 billion, which on the upper end would be higher than its total revenue of $83.67 billion for fiscal 2024.
Same-store sales are expected to be flat to up 1% compared to a year ago. Lowe's outlook fell below Wall Street's expectations, highlighting more cautious consumer spending in the year ahead.