Lowes Stock News

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Lowe's expects slumping financials in the coming year, and there are tangible macroeconomic reasons for this. The stock's valuation is lower right now, reflecting the slowdown.

Lowe's and Target have both hit sales slumps. Lowe's has been affected by lower spending on home projects.

Executives at Lowe's are focused on boosting sales from professional customers. The home improvement retailer has found that pros spend a lot more money than DIY shoppers.

The stock market has been on a winning streak, with the S&P up 17 of the last 19 weeks. This hasn't happened since 1964. Stocks at record highs historically deliver great returns, with an average 12-m

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Zacks.com users have recently been watching Lowe's (LOW) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Lowe's beat analyst estimates last quarter, but net sales declined. The company has a sizable opportunity to take market share in a massive industry.

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Lowe's profit margin jumped in 2023 but will likely decline this year. The retailer is expecting modestly lower sales in 2024.

Lowe's chief executive identified several long-term positive catalysts for the U.S. home improvement market. However, Lowe's own guidance indicates a continued deceleration in same-store sales.

Shares of Lowe's have rebounded sharply in recent months. It remains one of the dominant home improvement retailers.

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