Lowe's Cos. (LOW) Tops Q2 EPS by 15c, Revenues Beat, Comp. Sales Up 2.3%; Offers FY19 EPS Guidance

Go back to Lowe's Cos. (LOW) Tops Q2 EPS by 15c, Revenues Beat, Comp. Sales Up 2.3%; Offers FY19 EPS Guidance

Raymond James Reiterates Outperform Rating on Lowe's (LOW)

August 22, 2019 8:15 AM EDT

Raymond James analyst Budd Bugatch reiterated an Outperform rating and $115.00 price target on Lowe's (NYSE: LOW) following the company's 2Q earnings report. Lowes delivered an encouraging second quarter with positive comparable sales and sequentially improved profitability metrics.

On its call,... More

Lowe's Cos. (LOW) Surges 12% Following 'Beat'

August 21, 2019 7:27 AM EDT

Lowe's Cos. (NYSE: LOW) gains 12.5% pre-open following Q2 beat

... More

Wall Street rally ends as financial shares slide

August 20, 2019 7:24 AM EDT

By April Joyner

NEW YORK (Reuters) - Financial shares led U.S. stocks lower on Tuesday to end a three-day rally as investors awaited comments from Federal Reserve Chair Jerome Powell at the end of the week.

The S&P 500 financial index dropped 1.4% and the group weighed most heavily on the benchmark index among its major sectors, which all registered losses.

Prior to Tuesday's session, U.S. stocks had recovered most of their losses from a steep sell-off last Wednesday, which was triggered by a brief inversion of the yield curve between 2-year and 10-year... More

Lowe's Cos. (LOW) Announces Agreement to Sell Licensed NFL-Branded Merchandise

August 19, 2019 9:03 AM EDT

Lowe's Companies, Inc. (NYSE: LOW) announced today that it will carry more than 10,000 licensed NFL-branded merchandise items on Lowes.com/NFL and will launch an online video "homegating" series that will inspire fans as they prepare for the NFL season.

Whether fans are preparing for a tailgate or a homegate, Lowe's will offer licensed... More