Lowe's Cos. (LOW) Misses Q1 EPS by 8c, Miss on Revenues; Offers FY18 EPS Mid-Point Outlook Below Consensus
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- FedEx falls 4% as FY2027 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Lowe's (LOW) Says Cool Weather Lowered Q1 Same-Store Sales by 300 BPS, May Comps Up Double Digits so Far - Bloomberg, Citing Conf.
May 23, 2018 9:15 AM EDTLowe's (NYSE: LOW) Says Cool Weather Lowered Q1 Same-Store Sales by 300 BPS, May Comps Up Double Digits so Far - Bloomberg, Citing Conf.
J.C. Penney CEO Ellison jumps ship to Lowe's; shares sink
May 22, 2018 8:50 AM EDTBy Nivedita Balu and Uday Sampath Kumar
(Reuters) - J.C. Penney's (NYSE: JCP) Chief Executive Officer Marvin Ellison is leaving the struggling retailer to join home improvement chain Lowe's Cos Inc (NYSE: LOW), the companies said on Tuesday, sending shares in the U.S. department store chain down as much as 8 percent to an all-time low.
Ellison came to Penney in 2014 with a strong reputation honed through 12 years at Lowe's biggest competitor, Home Depot Inc (NYSE: HD). Shares of Lowe's gained 3... More
Lowe's Cos. (LOW) Announces Marvin Ellison as President And Chief Executive Officer, Effective July 2nd; Will Join Board at That Time
May 22, 2018 8:42 AM EDTLowe's Companies, Inc. (NYSE: LOW) today announced that Marvin R. Ellison has been named president and CEO, effective July 2, 2018. He will also join Lowe's board of directors at that time. Ellison succeeds Robert A. Niblock, who previously announced his intention to retire. The Lowe's board has also appointed Richard W. Dreiling, a director of Lowe's since 2012, as chairman, effective July 2, 2018.
As a 30-year industry veteran, Ellison brings significant leadership and operational expertise to Lowe's, including experience managing a large network of stores and associates as well as insights and perspectives on managing global logistics... More
J.C. Penney (JCP) Chairman and CEO Marvin Ellison Resigns for Opportunity at Lowe's (LOW)
May 22, 2018 8:39 AM EDTJ. C. Penney Company, Inc. (NYSE: JCP) today announced that Chairman and CEO Marvin R. Ellison has notified the Company of his decision to resign from his role to pursue another opportunity with Lowe's Companies, Inc (NYSE: LOW). While Ellison will remain a director and CEO through June 1, he will step down from his position as chairman of the board effective immediately. The board of directors has elected current Lead Independent Director Ronald W.... More
