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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
Top NFL prospect Drake Maye joins Lowe's Home Team as part of the multiyear agreement with the NFL. Lowe's supplies materials for the 2024 NFL Draft stage and renovates a local veteran community center in Detroit. Maye, a former University of North Carolina quarterback, partners with Lowe's to give back to the community and help with improvement projects. The collaboration aims to support local communities and showcase Lowe's commitment to community improvement and partnership with professional athletes.
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Lowe's Foundation partners with SkillsUSA to celebrate 'Trades Stars' from the Toolbelt Generation on SkillsUSA National Signing Day. The foundation awards $1 million to SkillsUSA and organizes blue carpet events at select Lowe's stores nationwide on May 7 to inspire Gen Z to join the skilled trades movement. SkillsUSA National Signing Day will honor students committing to skilled trades jobs, apprenticeships, or further education, with over 500,000 students from 4,700 schools across the country having graduated since 2019.
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Lowe's partners with Lionel Messi, Inter Miami CF, and CONMEBOL Copa América 2024 USA™ to engage soccer fans. Messi joins Lowe's Home Team, offering perks to loyalty customers.
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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.
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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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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.
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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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1.6%
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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.
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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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Lowe`s Cos., Inc.

NYSE:LOW

LOW Rankings

LOW Stock Data

132.78B
570.90M
0.1%
76.39%
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.