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LOW / Lowe's reports dip in sales due to lower DIY demand, lumber deflation

Lowe's reports dip in sales due to lower DIY demand, lumber deflation
Lowe's Companies, Inc. (NYSE:LOW) has reported a dip in first-quarter sales and has cut its full-year forecast due to the impact of record lumber deflation, bad weather and softer-than-expected consumer demand.  The home improvement retailer reported total sales of $22.3 billion for the quarter to May 5, 2023, with comparable sales falling by 4.3%. Read More
Posted: May 23 2023, 08:31
Author Name: Proactive Investors
Views: 111472

LOW News  

Lowe's (LOW) Increases Yet Falls Behind Market: What Investors Need to Know

By Zacks Investment Research
November 1, 2023

Lowe's (LOW) Increases Yet Falls Behind Market: What Investors Need to Know

Lowe's (LOW) concluded the recent trading session at $191.29, signifying a +0.38% move from its prior day's close. more_horizontal

The Market Is Growing Too Pessimistic On Lowe's Outlook

By Seeking Alpha
October 28, 2023

The Market Is Growing Too Pessimistic On Lowe's Outlook

Lowe's shares have been falling for two months, but the market is overly negative on the company's prospects. Lowe's business has slowed but remains s more_horizontal

Lowe's (LOW) Rises As Market Takes a Dip: Key Facts

By Zacks Investment Research
October 20, 2023

Lowe's (LOW) Rises As Market Takes a Dip: Key Facts

In the most recent trading session, Lowe's (LOW) closed at $190.50, indicating a +0.02% shift from the previous trading day. more_horizontal

Why Lowe's (LOW) Outpaced the Stock Market Today

By Zacks Investment Research
October 16, 2023

Why Lowe's (LOW) Outpaced the Stock Market Today

The latest trading day saw Lowe's (LOW) settling at $198.25, representing a +1.28% change from its previous close. more_horizontal

Lowe's: Undervalued Stock With A Strong Track Record And High Dividend Growth

By Seeking Alpha
October 12, 2023

Lowe's: Undervalued Stock With A Strong Track Record And High Dividend Growth

Lowe's Companies stock is significantly undervalued based on valuations and dividend growth potential. The company's CEO is optimistic about its growt more_horizontal

Lowe's (LOW) Laps the Stock Market: Here's Why

By Zacks Investment Research
October 10, 2023

Lowe's (LOW) Laps the Stock Market: Here's Why

In the latest trading session, Lowe's (LOW) closed at $202.75, marking a +1% move from the previous day. more_horizontal

Investors Heavily Search Lowe's Companies, Inc. (LOW): Here is What You Need to Know

By Zacks Investment Research
October 5, 2023

Investors Heavily Search Lowe's Companies, Inc. (LOW): Here is What You Need to Know

Lowe's (LOW) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock. more_horizontal

Lowe's (LOW) Stock Declines While Market Improves: Some Information for Investors

By Zacks Investment Research
October 4, 2023

Lowe's (LOW) Stock Declines While Market Improves: Some Information for Investors

In the latest trading session, Lowe's (LOW) closed at $199.59, marking a -0.28% move from the previous day. more_horizontal


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