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Lowe`s Cos., Inc. - LOW STOCK NEWS

Welcome to our dedicated news page for Lowe`s Cos. (Ticker: LOW), a resource for investors and traders seeking the latest updates and insights on Lowe`s Cos..

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Lowe`s Cos.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Lowe`s Cos.'s position in the market.

Rhea-AI Summary
DoorDash (DASH) partners with Lowe's (LOW) to offer on-demand delivery from over 1,700 stores nationwide, marking DoorDash's entry into the home improvement category. Consumers can now purchase Lowe's products directly on the DoorDash app, with participating stores available on DashPass for reduced fees. The partnership aims to meet customer needs for quick access to DIY tools and materials for projects of all sizes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.38%
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Rhea-AI Summary
Lowe's Companies, Inc. (LOW) announces a quarterly cash dividend of $1.10 per share, payable on May 8, 2024, to shareholders of record as of April 24, 2024.
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-1.74%
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Lowe's introduces a new rewards program and SpringFest savings event to help consumers save on outdoor projects. The program offers exclusive deals, workshops, and benefits for MyLowe's Rewards members, along with a wide range of savings on appliances, paints, gardening essentials, and more.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.59%
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The Lowe's Foundation has selected 10 community-based nonprofits as Gable Grants recipients to enhance skilled trades training programs. The foundation aims to train 50,000 tradespeople through a $50 million commitment, addressing the high demand for skilled trades workers across various sectors.
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1.71%
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RELEX Solutions and Accenture collaborate with Lowe's Companies, Inc. to enhance seasonal inventory planning using AI-driven technology. The partnership aims to optimize inventory levels and improve customer satisfaction in the home improvement retail sector.
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End-of-Day
1.6%
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Rhea-AI Summary
Lowe's Companies, Inc. reported net earnings of $1.0 billion and diluted EPS of $1.77 for Q4 2023. Comparable sales decreased by 6.2%, with total sales at $18.6 billion. The company repurchased shares worth $404 million and paid $633 million in dividends in Q4. Lowe's outlook for FY 2024 includes total sales of $84 to $85 billion, with a projected diluted EPS of $12.00 to $12.30.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.76%
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Rhea-AI Summary
Lowe's Companies, Inc. (LOW) will hold its Fourth Quarter & Fiscal 2023 Earnings Conference Call on Feb. 27, 2024, at 9 a.m. EST. Investors can access the webcast on the Lowe's Investor Relations website. A webcast replay will be available until Feb. 27, 2025.
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End-of-Day
-0.59%
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Professional Football Player Chase Brown, Lowe's, and Rebuilding Together revitalized the Valley View neighborhood in Las Vegas with essential home repairs and community improvements. The event, Kickoff to Rebuild, engaged nearly 200 volunteers and repaired 176 homes, investing $6 million in communities in need.
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Lowe's is launching Lowe's Style Studio, a groundbreaking experience for the home improvement industry designed exclusively for Apple Vision Pro. This new spatial computing tool allows customers to visualize and design their dream kitchen from the comfort of their own homes, offering nearly 80 billion possible combinations for a unique design.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.47%
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Rhea-AI Summary
Lowe's announces a five-year, $100 million impact program to revitalize community spaces, including food pantries, veteran support programs, first responder facilities, affordable housing services, and community gardens. The program aims to complete nearly 1,800 projects to improve communities, with 100 signature grant projects selected through nominations and 1,700 projects selected by Lowe's associates. The company's chairman and CEO, Marvin Ellison, emphasized their responsibility to be part of the solution to critical community issues and highlighted the meaningful impact of the program. In 2023, Lowe's partnered with music icon Lionel Richie to create 'Hello Park,' an initiative to build vibrant community spaces. Additionally, Lowe's associates have worked on various community projects, including a community hub for veterans transitioning out of homelessness, a renovated volunteer fire station, and a playground for deaf and hard of hearing children.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.45%
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Lowe`s Cos., Inc.

Nasdaq:LOW

LOW Rankings

LOW Stock Data

134.71B
570.90M
0.1%
76.61%
1.38%
Home Centers
Retail Trade
Link
US
Mooresville

About LOW

Lowes Companies, Inc., often shortened to Lowes, is an American retail company specializing in home improvement. Headquartered in Mooresville, North Carolina, the company operates a chain of retail stores in the United States.