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Stock impact report

Bear of the Day: Lowe's (LOW) [Yahoo! Finance]

Lowe's Companies, Inc. (LOW) 
Last lowe's companies, inc. earnings: 2/26 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
And both sales and earnings fell from the previous year's quarterly readings. Lowe's has evolved as one of the world's leading home improvement retailers, competing with Home Depot HD ) and offering services to homeowners, renters and commercial business customers. The company has been smartly enhancing the experience of its pro customers by upgrading pro-focused brands and revamping pro-service business website, LowesForPros.com. But it's looking like the hey-days of the 2021-22 real estate scramble to "buy anything, at any price" and fix-to-flip are now solidly in the rearview mirror with housing prices extended and interest rates prohibitive. This is showing up in the downward estimate revisions among the majority of analysts on LOW. Quarter in Detail Adjusted earnings per share (EPS) of $3.06 barely surpassed the Zacks Consensus Estimate of earnings of $3.05 per share but dipped 6.4% from the third-quarter fiscal 2022 tally. Net sales of $20,471 million decreased 12. Show less Read more
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