Similar Stories to Lowe's Quarterly Profit, Comparable Sales Miss Estimates - Nasdaq on Bing News

NasdaqLowe's quarterly profit, comparable sales miss estimatesNasdaq(Adds details, updates shares) May 24 (Reuters) - Lowe's Cos Inc <LOW.N>, the No. 2 U.S. home improvement retailer, reported lower-than-expected quarterly profit and comparable sales, sending its shares down 7 percent in premarket trading on ...and more »

BING NEWS:
  • Costco Tops Revenue Estimates on Rebound in Demand for Low-Priced Discretionary Items
    "As inflation has leveled off, members are returning to purchasing more discretionary items, with growth led by toys, furnishing, lawn and garden supplies as well as health and beauty aids products," ...
    05/30/2024 - 9:23 am | View Link
  • Best Buy and Kohl’s extends streak of quarterly sales slumps as Americans focus on the essentials
    The earnings results from Best Buy and Kohl’s, announced Thursday, offer the latest evidence of consumers’ cautious spending amid a challenging economic environment.
    05/30/2024 - 5:09 am | View Link
  • Best Buy sees laptop upgrades driving demand recovery; tops Q1 profit estimates
    Best Buy said on Thursday it expected sales in its key computing category to improve this year on renewed demand after its quarterly profit beat Wall Street estimates, benefiting from its membership ...
    05/30/2024 - 1:31 am | View Link
  • Best Buy posts bigger-than-expected drop in quarterly comparable sales
    Best Buy reported a bigger-than-expected drop in first-quarter comparable sales on Thursday as Americans kept their discretionary spending in check in the face of stubborn inflation, hurting demand ...
    05/30/2024 - 12:32 am | View Link
  • American Eagle misses quarterly sales estimates on cautious consumer spending
    American Eagle Outfitters on Wednesday missed Wall Street estimates for quarterly revenue as sticky inflation hurt demand for its apparel and accessories often sold at full price.
    05/29/2024 - 9:26 am | View Link
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