Lowe's Companies is a leading home improvement retailer that specializes in providing a wide array of products and services for home renovation and repair projects
The company offers a vast selection of building materials, appliances, tools, hardware, and garden supplies, catering to both DIY enthusiasts and professional contractors. With a strong focus on customer service, Lowe's aims to create an enjoyable shopping experience, featuring knowledgeable staff who can assist customers in finding the right solutions for their home improvement needs. In addition to its physical stores, Lowe's also provides online shopping options, allowing customers to access resources and purchase products conveniently from their homes.
After the conclusion of the US market's regular session on Friday, let's examine the after-hours session and unveil the notable S&P500 performers among the top gainers and losers.
As the regular session of the US market on Friday comes to an end, let's delve into the after-hours session and discover the top gainers and losers shaping the post-market sentiment.
Jensen Huang will give a keynote speech at Nvidia's GTC conference next week. A keynote from Huang at CES earlier this year took Nvidia stock to highs.
Retailers are adapting their business models as technology changes how people shop. Still, secular trends are working against their favor as e-commerce continues to take share from brick and mortars.
This puts retail stocks in a tough spot, and over the past six months, the industry has pulled back by 3.4%. This drop was disheartening since the S&P 500 gained 4.9%.
The Dividend Aristocrats have a long history of outperforming the market when it comes to risk-adjusted returns. There are currently 69 Dividend Aristocrats.
Lawrence McDonald, founder of Bear Traps Report, called Warren Buffett the "GOAT" of asset management on Sunday while noting the legendary investor put "very little capital to work" during the 2020 COVID market drawdown compared to 2022's market stress.
Total earnings for the 456 S&P 500 companies that have reported results are up +13.6% from the same period last year on +5.5% higher revenues, with 77.6% beating EPS estimates and 66.7% beating revenue estimates.
Home improvement retailer Lowe’s (NYSELOW) reported Q4 CY2024 results beating Wall Street’s revenue expectations, but sales were flat year on year at $18.55 billion. On the other hand, the company’s full-year revenue guidance of $84 billion at the midpoint came in 0.9% below analysts’ estimates. Its GAAP profit of $1.99 per share was 8.5% above analysts’ consensus estimates.
