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:
  • Lowe’s hurt by sour home-improvement outlook
    Inflation and high interest rates have hurt consumers’ appetites for big purchases, eroding sales at Lowe’s and its main rival, Home Depot Inc., in recent quarters. Consumers have held off on ...
    05/21/2024 - 4:59 am | View Link
  • Lowe's (LOW) Q1 Earnings Top Estimates, Comps Decline 4.1% Y/Y
    Lowe’s Companies, Inc. LOW came up with first-quarter fiscal 2024 results, wherein the top and bottom lines beat the respective Zacks Consensus Estimate. However, the company experienced a ...
    05/21/2024 - 3:20 am | View Link
  • Lowe's Q1 Earnings Down, But Beat Market; Backs FY24 View; Stock Up
    Home improvement major Lowe's Companies, Inc. on Tuesday maintained its fiscal 2024 earnings and sales outlook after reporting weak ...
    05/21/2024 - 3:16 am | View Link
  • Lowe’s Sales Beat Estimates With Boost From Pro Contractors
    Lowe’s Cos. reported comparable sales for the first quarter that beat the average analyst estimate, a sign that the company is making inroads with professional contractors despite a weak US housing ...
    05/21/2024 - 3:05 am | View Link
  • Lowe's Expects to Log Lower 1Q Profit, Sales -- Earnings Preview
    By Dean Seal Lowe's is scheduled to report fiscal first-quarter results before the market opens on Tuesday. Here's what you need to know. PROFIT: ...
    05/20/2024 - 7:04 am | View Link
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