Lowe's Companies, Inc. (LOW) - NYSE
  • Jan. 8, 2013, 6:15 PM

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    | Jan. 8, 2013, 6:15 PM | 17 Comments
  • Jan. 7, 2013, 10:32 AM

    Canaccord Genuity analyst Laura Champine cuts her rating on Lowe's (LOW -1.5%) to Sell from Hold, saying the home improvement company continues to lose ground to rival Home Depot.

    | Jan. 7, 2013, 10:32 AM
  • Jan. 4, 2013, 1:49 PM

    Lowe's (LOW -0.2%) says it will debut a whole slate of home networking products at next week's Consumer Electronics Show in Las Vegas as the home improvement giant delves a bit deeper into the home electronics realm of embattled Best Buy and RadioShack. The bigger issue: As new technology emerges in the home automation frontier, Lowe's stands well-positioned to leverage its large partner base.

    | Jan. 4, 2013, 1:49 PM | 3 Comments
  • Dec. 31, 2012, 7:28 AM
    Home Depot (HD) and Lowe's (LOW) are on watch after a strike by dockworkers is averted over the weekend with a contract extension that runs through February 6. A mediator on the issue says he is "cautiously optimistic" a new contract can be hashed out in the next thirty days.
    | Dec. 31, 2012, 7:28 AM | 1 Comment
  • Dec. 28, 2012, 12:01 PM
    Longshoremen and cargo carriers reportedly agree to a 30-day extension of contract talks, temporarily averting a potentially crippling strike at U.S. East Coast and Gulf ports. Shares of Home Depot (HD) and Lowe's (LOW), seen as especially vulnerable to a port strike, begin to turn positive.
    | Dec. 28, 2012, 12:01 PM | 2 Comments
  • Dec. 28, 2012, 7:37 AM

    A port strike looms this weekend that could paralyze cargo traffic from Maine to Texas. Nearly all retailers could be affected, but none more than Home Depot (HD) and Lowe's (LOW) as Christmas comes in spring for the home-improvement industry. The President has the power to force workers back on the job, but the White House is mum at this point.

    | Dec. 28, 2012, 7:37 AM | 9 Comments
  • Dec. 6, 2012, 7:07 AM
    Lowe's (LOW) still has expansion in Canada as a major goal, according to CEO Robert Niblock. In comments made at the company's annual investor conference, the exec said he would like to have at least 100 stores open in the nation.
    | Dec. 6, 2012, 7:07 AM
  • Dec. 5, 2012, 7:54 AM

    Lowe's (LOW) reiterates its previously issued guidance at it investor conference today. For FY12, the company expects total sales to be flat and comparable sales to increase by 1%. Analyst reaction: NBG's Brian Sozzi thinks reiterated guidance off a quarter influenced by a major storm is a sign of weakness at the company.

    | Dec. 5, 2012, 7:54 AM
  • Nov. 23, 2012, 6:51 AM
    Black Friday shopping will be the headline story in retail for the day, but the underlying plot will be the effect online channels have on the total sales hauls. Though various trade groups tag Black Friday weekend shopping to see a 3% to 4% rise this year, online shopping is expected to increase by closer to 15% heading into Cyber Monday. Online has also been where the winners and losers in the sector have been separated with major online forces such as Macy's (M) and Dick's Sporting Goods (DKS) roaring to huge gains - while the likes of J.C. Penney (JCP) and Big Lots (BIG) limp along.
    | Nov. 23, 2012, 6:51 AM | 1 Comment
  • Nov. 19, 2012, 9:36 AM

    Heard on Lowe's (LOW +7.3%) earnings call: 1) The company sees the impact of Hurricane Sandy rolling into FY13. For Q3, pre-storm sales roughly offset last year's bump from Hurricane Irene. 2) Gross margin in Q4 should increase off of weak comparable and store "resets" starting to contribute. 3) A slowing pace of share repurchases tied to timing of working capital coming in and the strength in share price. 4) The outlook from execs on housing in a nutshell is the market is recovering, but consumers aren't jumping in with earnest quite yet. 5) On the potential purchase of Rona, no specific color is added but the firm maintains an interest in Canada and wants to broaden its scale up north. (webcast)

    | Nov. 19, 2012, 9:36 AM
  • Nov. 19, 2012, 9:10 AM
    Premarket gainers: BMTI +77%. INVE +12%. ALXA +9%. SINA +8%. JRCC +7%. PCS +7%. STSI +6%. LOW +6%. DDD +6%
    | Nov. 19, 2012, 9:10 AM
  • Nov. 19, 2012, 7:02 AM

    Shares of Lowe's (LOW) jump 2.1% higher after the home improvement giant posted a steady FQ3 report and improved its full-year guidance. Analysts see the home improvement giant's 26 basis point improvement in margins during the quarter as a highlight. An earnings conference call scheduled for 9:00 AM should see details on the impact of Hurricane Sandy and the outlook for the U.S. housing market discussed. (webcast)

    | Nov. 19, 2012, 7:02 AM
  • Nov. 19, 2012, 6:37 AM

    More on Lowe's (LOW +2.2%) FQ3: net profit jumps 76% to $396M, with last year's figure including charges of $368M. Revenues +1.9%, comparable store sales +1.8%. This FY is one week shorter than last FY, hurting the comparison. Guidance: FY sales flat at $50.2B vs consensus of $50.08B, EPS of $1.64 vs $1.66. Comparable store-sales +1%, to open around 10 stores. (PR)

    | Nov. 19, 2012, 6:37 AM
  • Nov. 19, 2012, 6:03 AM
    Lowe's (LOW): Q3 EPS of $0.35 in-line. Revenue of $12.1B beats by $100M. (PR)
    | Nov. 19, 2012, 6:03 AM | 1 Comment
  • Nov. 19, 2012, 12:05 AM
    Notable earnings before Monday’s open: DCIX, LOW, TSN
    | Nov. 19, 2012, 12:05 AM
  • Nov. 18, 2012, 5:30 PM
    Notable earnings before Monday’s open: DCIX, LOW, TSN
    | Nov. 18, 2012, 5:30 PM
Company Description
Lowe's Cos., Inc. is engaged in the retail sale of home improvement products. The company offers products for maintenance, repair, remodeling, home decorating and property maintenance. It also offers home improvement products in the following categories: appliances, bathroom, building supply,... More
Sector: Services
Industry: Home Improvement Stores
Country: United States