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Stock impact report

Investor Outlook: Lowe's stock drops despite Q4 earnings beat [BNN Bloomberg (Canada)]

Home Depot, Inc. (The) (HD) 
Last home depot, inc. (the) earnings: 2/25 06:00 am Check Earnings Report
US:NYSE Investor Relations: ir.homedepot.com
Company Research Source: BNN Bloomberg
The outlook highlights continued pressure from high mortgage rates and weak housing turnover. BNN Bloomberg spoke with Steven Zaccone, senior retail equity research analyst at Citi, who said comparable sales growth beat consensus but came in at the low end of bullish expectations, while guidance for flat to 2 per cent same-store sales growth and lower margins weighed on investor sentiment. Key Takeaways Lowe's posted fourth-quarter comparable sales growth of 1.3 per cent, beating consensus but landing at the low end of stronger investor expectations. Revenue climbed more than 10 per cent year over year, supported by strength in professional customers, online sales and home services. Initial 2026 guidance calls for flat to 2 per cent comparable sales growth, with earnings below Street expectations at the midpoint. High mortgage rates and low housing turnover remain key constraints on large renovation projects such as kitchens, bathrooms and flooring. Retailers are expandi Show less Read more
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