Why Investors Should Ignore Lowe's Fourth-Quarter Revenue Miss [The Motley Fool]
Lowe's Companies, Inc. (LOW)
Last lowe's companies, inc. earnings: 2/26 06:00 am
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Source: The Motley Fool
Why Investors Should Ignore Lowe's Fourth-Quarter Revenue Miss The home improvement retailer remains on track for double-digit earnings growth. Home-improvement giant Lowe's ( NYSE:LOW ) sold off following the company's fourth-quarter earnings announcement. The home-improvement chain beat on earnings but missed on revenue. This sent Lowe's stock down 4.5% in the trading session following the news. Still, despite the hiccup in revenue, Lowe's continues to post solid earnings growth. With new leadership and a restructuring plan in place, this consumer discretionary stock can resume its steady march higher. Lowe's reported fourth-quarter earnings of $0.94 per share. This beat Wall Street estimates by $0.03 per share and came in well ahead of the $0.80 per share reported in the prior-year period. However, revenue of $16.0 billion fell short of estimates, though that figure was still up about 2% year over year. Management's guidance also did not satisfy Wall Street expectations. For the f
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- Lowe's (LOW) Gains on Innovative Customer Engagement Strategy [Yahoo! Finance]Yahoo! Finance
- Lowe's Foundation partners with SkillsUSA to celebrate 'Trades Stars' from the Toolbelt Generation on SkillsUSA National Signing Day [Yahoo! Finance]Yahoo! Finance
- Lowe's Foundation partners with SkillsUSA to celebrate 'Trades Stars' from the Toolbelt Generation on SkillsUSA National Signing DayPR Newswire
- Here's Why Lowe's (LOW) Gained But Lagged the Market Today [Yahoo! Finance]Yahoo! Finance
- How much the typical worker makes at 19 retailers, from Amazon to Walmart [Business Insider]Business Insider
LOW
Earnings
- 2/27/24 - Beat
LOW
Sec Filings
- 4/18/24 - Form ARS
- 4/18/24 - Form DEFA14A
- 4/18/24 - Form DEF
- LOW's page on the SEC website