Entering text into the input field will update the search result below

Positive outlook lifts Lowe's and other housing-related names

Dec. 07, 2016 2:38 PM ETLowe's Companies, Inc. (LOW) StockHD, LOW, BECN, LL, BCC, BMCHBy: Clark Schultz, SA News Editor
  • Lowe's (LOW +4.7%) management expects home spending to easily outpace GDP in the U.S.
  • The company plans to continue adding stores in the U.S., while also delivering comparable sales growth of 3% to 5% over the next three years.
  • The optimistic outlook from Lowe's delivered at today's Investor Day event is helping to lift the broad home improvement and homebuilding sectors. Home Depot (HD +3.1%), Lumber Liquidators (LL +1.2%), Beacon Roofing Supply (BECN +1.2%), Boise Cascade (BCC +0.6%)  and BMC Stock Holdings (BMCH +1.3%) all trade higher on the day.
  • Previously: Lowe's updates guidance ahead of investor conference (Dec. 7)

Recommended For You

More Trending News

About LOW Stock

SymbolLast Price% Chg
Market Cap
PE
Yield (TTM)
Rev Growth (YoY)
Prev. Close
Compare to Peers

Related Stocks

SymbolLast Price% Chg
LOW--
Lowe's Companies, Inc.