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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
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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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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-0.59%
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Rhea-AI Summary
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.
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3.47%
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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.
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-2.45%
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STAINMASTER™ Paint, available exclusively at Lowe's, introduces its 2024 Color of the Year—English Green, a nature-inspired tone designed to bring calm and elegance to any space. The brand's inaugural venture into this category, English Green is a rich hue that effortlessly bridges the gap between bold and versatile, evoking growth and renewal. STAINMASTER paint offers excellent scrub resistance, mold and mildew protection, and a lifetime stain-resistant limited warranty, making clean-up easy. The brand also provides three paint finishes – matte, satin, and semi-gloss sheens – and can color-match any desired shade.
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0.69%
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Lowe's Companies, Inc. (NYSE: LOW) has appointed Margi Vagell as executive vice president, supply chain, effective March 1, 2024, succeeding Don Frieson. Vagell brings 20 years of experience to the role and has held senior leadership positions at Lowe's since 2009. She is set to enhance strategic acumen and inventory management expertise to the supply chain function. Don Frieson, who has served as executive vice president, supply chain since 2018, will retire on April 1, 2024. He has significantly contributed to the transformation of Lowe's supply chain and has been integral to the company's leadership team. His retirement leaves the supply chain organization well-positioned for continued growth and success.
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Lowe's Companies, Inc. (LOW) introduces MyLowe's Rewards, a first-of-its-kind loyalty program designed for DIY customers, offering 5% off every day for MyLowe's Rewards Credit Card holders, exclusive perks, and points earned towards MyLowe's Money, free gifts, and more.
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1.47%
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Lowe's Companies, Inc. (LOW) expands partnership with the Charlotte Hornets, welcoming Hornets legend Muggsy Bogues to the Lowe's Home Team. The multi-year agreement prioritizes community engagement and includes the Hornets Legacy Project Powered by Lowe's. Lowe's will continue to have a significant brand presence within Spectrum Center and serve as the presenting partner of the Charlotte Hornets Foundation's annual Hornets Heroes Gala.
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-0.06%
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Lowe's Companies, Inc. (LOW) chairman and CEO, Marvin R. Ellison, will participate in a fireside chat at the Morgan Stanley Global Consumer & Retail Conference on December 5, 2023. The audio webcast will be available at ir.lowes.com under 'Events & Presentations'.
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0.12%
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Lowe`s Cos., Inc.

NYSE:LOW

LOW Rankings

LOW Stock Data

140.45B
572.82M
0.09%
76.38%
1.39%
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.