Lowe's provides downbeat annual forecasts as customers defer costly home remodels [BNN Bloomberg (Canada)]
Home Depot, Inc. (The) (HD)
Last home depot, inc. (the) earnings: 2/25 06:00 am
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Source: BNN Bloomberg
Shares of the company were down nearly four per cent before the bell. Lowe's has wrestled with persistent pressure on its do-it-yourself (DIY) business, as households pause big-ticket upgrades such as kitchen remodels and flooring installation while awaiting clearer signals on the labor market, mortgage rates and the broader economy. “While the housing macro remains pressured, we are focused on directing what is within our control, which includes our ongoing productivity initiatives,” said Lowe's CEO Marvin Ellison. In a bid to protect its margins, the company has been cutting jobs and streamlining its operations. Lowe's forecast 2026 comparable sales to range between flat and up two per cent, largely below analysts' average expectation of a two per cent rise, according to data compiled by LSEG. It projected adjusted earnings per share in the range of US$12.25 to $12.75, compared with expectations of $12.95. Housing market drags Home Depot posted upbeat results on Tuesd
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News
- Home Depot (HD) had its "sector weight" rating reaffirmed by KeyCorp.MarketBeat
- Home Depot reports weaker Q4 profit, lifts dividend [Yahoo! Finance]Yahoo! Finance
- Home Depot (HD) had its price target lowered by The Goldman Sachs Group, Inc. from $413.00 to $409.00.MarketBeat
- Home Depot (HD) had its price target raised by BNP Paribas Exane from $355.00 to $391.00.MarketBeat
- Home Depot (HD) had its price target raised by Morgan Stanley from $412.00 to $420.00.MarketBeat
HD
Earnings
- 2/24/26 - Beat
HD
Sec Filings
- 2/24/26 - Form 8-K
- 2/3/26 - Form 4
- 2/3/26 - Form 4
- HD's page on the SEC website