Seeking Alpha

Seeking Alpha Portfolio App for iPad

4,083 people get LOW articles and Market Currents by email alert.

Get email alerts on LOW »

LOW

Lowe's Companies, Inc.

5/18/2013, 6:43 PM ET

Quote & Headlines Market Currents StockTalk

All
| Earnings
| Dividends
| M&A
| On the move

Thursday, May 16, 8:40 AM Housing starts were a disappointment in April, but building permits surged to a 5-year high. The high level of permit activity could help lift sales for Home Depot (HD) and Lowe's (LOW). Comment! [Consumer]
Monday, May 13, 9:11 AM More on retail sales: Building material and garden equipment sales (HD, LOW) were again, up 1.5% M/M and 4.1% Y/Y, while department store sales (SHLD, KSS, M, JWN, JCP) trailed expectations. Grocery store sales (KR, SVU, SWY) slipped during April compared to March but were 2% than a year ago on pricing gains. 1 Comment [U.S. Economy, Consumer]
Wednesday, May 8, 1:46 PM Lowe's (LOW +3.4%) gets a lift from ISI Group on the firm's view that margins could go from 7% to 10% as productivity improves. A normalization in sales would also allow the retailer to support share price with new buybacks and dividend hikes. Shares of Lowe's are rated a Buy by ISI, although it still sees Home Depot (HD +0.2%) as the more attractive stock in the home improvement space. 1 Comment [Consumer, On the Move]
Wednesday, April 24, 1:14 PM DIY shakeup: Menards opens a do-it-yourself superstore in the Detroit area as it keeps up its steady pace of large-sized store growth. The privately-owned company claims its stores in 14 different states offer 40% more products than Home Depot (HD +0.2%) or Lowe's (LOW -0.3%). Will the other 36 states see the LOW-HD duopoly broken up? Comment! [Consumer]
Monday, April 22, 12:11 PM Homebuilders slip today on weaker than anticipated earnings out of NVR and a miss on Existing Home Sales numbers for March: [(XHB -0.6%, [HOV]] -1.6%, MTH -0.6%, RYL -1.3%, TOL -1.4%, TPH -0.4%, DHI -0.2%, KBH -0.2%, LEN -1.2%, SPF -1%. Home improvement superstore operators also feel the pinch: (HD -0.4% and (LOW -1.2%. 2 Comments [On the Move, U.S. Economy]
Monday, April 15, 1:59 PM Lowe's (LOW -1.9%) increases its promotional pitch on lawn mowers this year with the spring lawn and garden buying season off to a slow start. The company has been hopeful that gains in the residential real estate market will translate into a boost in demand, but investors may have to wait until after April numbers are in to get a fair read on where the retailer stands due to the chilly March in the U.S. Comment! [Consumer]
Friday, April 12, 10:17 AM Home Depot (HD +1.7%) trades higher early after Jefferies upgrades the shares to Buy from Hold citing a bullish sales outlook. "Our checks continue to come back favorably," Jefferies says, "weather will not impede" strong Q1 comps. New price target is $85. Competitor Lowe's (LOW +0.5%) is higher by association. (See also: Home garden sales tip in March) Comment! [On the Move, Consumer]
Friday, April 12, 8:47 AM The March report on retail sales indicates a measurable impact was felt by retailers from the round of cooler weather seen in the U.S. during the month right along with broader macroeconomic factors. Department store (KSS, JWN, DDS, SKS, SHLD) and home garden (HD, LOW) sales tipped to the weaker side while online sales showed some strength. 3 Comments [Consumer, U.S. Economy]
Thursday, April 11, 10:14 AM Retail watch: Due to the timing of Easter and a slow start to the spring selling season a two-month snapshot of sales covering March and April is appropriate before drawing major conclusions, according to analysts. Retailers looking for a March surge in home and garden (HD, LOW, TGT, WMT) spending and spring clothing purchases expect April to make up some of the slack. Of the 14 retailers reporting March numbers today, comparable-store sales averaged a 0.6% gain with Costco (COST) and Ross Stores (ROST) standing out as outperformers. 2 Comments [Consumer]
Tuesday, March 26, 5:23 PM While there’s been a lot of insider selling recently - SandRidge (SD), DirecTV (DTV), Lowe's (LOW) and Starbucks (SBUX), just this month - it’s not enough to concern investors, InsiderScore says. An uptick in selling during the first and fourth quarters is normal because insiders cash in shares for tax purposes during Q4 while restricted stock and options often vest during Q1. 9 Comments [Quick Ideas]
Friday, March 22, 4:41 PM Lowe's Companies (LOW) declares $0.16/share quarterly dividend, in line with previous. Forward yield 1.69%. For shareholders of record Apr. 24. Payable May 08. Ex-div date Apr. 22. (PR) Comment! [Dividends]
Tuesday, March 19, 2:19 PM A little breathing room for home owners on the equity they hold in their houses is helping motivate them to jump into more serious home improvement projects, according to an academic study. Spending could climb 20% this year (Sept. to Sept.) despite credit conditions which are still tight. Home Depot (HD -0.8%) and Lowe's (LOW -1.3%) would be pleased to see more kitchen remodels and wine cellars than simple paint jobs and tiling. 1 Comment [Consumer]
Tuesday, March 19, 8:54 AM Canadian retailer Rona names Robert Sawyer as its new CEO. The exec has served as COO since 2009. What to watch: Could talks with Lowe's (LOW) be resurrected with the change of Rona's management and a dramatic turnaround at the company needed? 1 Comment [Consumer]
Wednesday, March 13, 8:44 AM More on Retail Sales: Two months into the year and retail categories look reasonably strong compared to estimates with the exception of electronics (BBY, RSH, CONN) and department stores (JWN, M, DDS, SHLD, KSS) which are running below last year's pace of sales. Improved results in the automobile and sporting goods categories (guns) were no surprise, but building material & garden (HD, LOW) looks slightly better than anticipated, according to analysts. Comment! [U.S. Economy, Consumer]
Tuesday, February 26, 8:30 AM Shares of Lowe's (LOW) move 1.1% higher premarket, riding the coattails of a solid earnings report from rival Home Depot. To some retail analysts it's a curious move with Home Depot now outperforming the company in 12 of the last 14 quarters on comparable store sales without sacrificing margins, but others are pointing to strength in the NAHB Remodeling Market Index as a reason to buy shares. Comment! [Consumer, On the Move]
Monday, February 25, 2:23 PM Heard on Lowe's (LOW -1.9%) earnings call: 1) A bullish forecast on gross margins is tied to resets from the value proven program and a better balance in promotional activity. 2) Lumber, countertops, and cabinet categories performed strong in Q4. 3) The company is seeing performance improve in regions which saw the hardest real estate slump - including Florida, Las Vegas, and Arizona. (webcast) Comment! [Consumer]

1
2
3
4
5
6
...
14
Next Page