Lowe's topped quarterly earnings and revenue estimates, but even its raised sales outlook would be a decline from last year.

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Lowe's beats on earnings and hikes guidance, but still expects sales to fall this year

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LOW reported an adj. EPS of $2.89 and total revenues of $20.2 billion for the third quarter of 2024. The post Lowe’s Companies, Inc. Beats Expectations with Strong Q3 Performance appeared first on Tokenist.

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Lowe’s Companies, Inc. Beats Expectations with Strong Q3 Performance

Lowe's beat Wall Street's quarterly earnings expectations on Tuesday, as outdoor do-it-yourself projects, the home professional business and stronger online shopping fueled sales.
Yet even with the better-than-expected results, the home improvement retailer is projecting a year-over-year sales…

Upstract

LOS ANGELES, CALIFORNIA - AUGUST 20: The exterior sign of a Lowe's home improvement store is seen on August 20, 2024 in Los Angeles, California. The company beat fiscal second-quarter earnings expectations, but missed on sales and cut its full-year outlook blaming inflation.  (Photo by Eric Thayer/Getty Images)Eric Thayer | Getty Images News | Getty ImagesLowe's beat Wall Street's quarterly earnings expectations on Tuesday, as outdoor do-it-your…

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Lowe’s topped quarterly earnings and revenue estimates, but even its raised sales outlook would be a decline from last year.

RetailWit

Lowe’s beats on earnings and hikes guidance, but still expects sales to fall this year – RetailWit

Investing.com — Lowe’s Companies, Inc. reported third-quarter earnings that surpassed analyst expectations, but its stock slipped 1.8% despite the company raising its full-year outlook.  The company posted adjusted earnings per share of $2.89, beating the analyst estimate of $2.82. Revenue for the quarter came in at $20.2 billion, exceeding the consensus estimate of $19.93 billion. However, comparable sales decreased 1.1% YoY, reflecting continu…

Investing Business Daily

Investing Business Daily | Lowe’s tops earnings, revenue estimates

LOS ANGELES, CALIFORNIA – AUGUST 20: The exterior sign of a Lowe’s home improvement store is seen on August 20, 2024 in Los Angeles, California. The company beat fiscal second-quarter earnings expectations, but missed on sales and cut its full-year outlook blaming inflation. (Photo by Eric Thayer/Getty Images) Eric Thayer | Getty Images News | Getty Images    
Lowe’s beat Wall Street’s quarterly earnings expectations on Tuesday, as outdoor do-it…

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Lowe’s beats on earnings and hikes guidance, but still expects sales to fall this year

LOS ANGELES, CALIFORNIA – AUGUST 20: The exterior sign of a Lowe's home improvement store is seen on August 20, 2024 in Los Angeles, California. The company beat profit expectations for the second quarter of the fiscal year but missed revenue and cut its full-year outlook by blaming inflation. (Photo by Eric Thayer/Getty Images) Eric […]

Lowe's beats on earnings and hikes guidance, but still expects sales to fall this year

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