Lowe's Lowers Guidance Despite Strong Quarter

11:30am, Tuesday, 23'rd May 2023
Lowe's Companies Inc (NYSE:LOW) has reversed its premarket losses, last seen up 2.7% to trade at $208.69.
The Consumer Discretionary Sector ETF NYSEARCA: XLY is set up for a reversal, and the outlook is certainly in line with that, but a growing number of reports, including the Q1 report from Lowe's NYSE:
Huntington Private Bank Director of Wealth Strategy Dan Griffith joins Yahoo Finance Live to discuss Lowe's Q1 earnings report, consumer demand slowdown, and consumer savings rate.
CNBC's Becky Quick breaks down the company's quarterly earnings results.
Lowe's Companies, Inc. (NYSE:LOW) has reported a dip in first-quarter sales and has cut its full-year forecast due to the impact of record lumber deflation, bad weather and softer-than-expected consu
Lowe's (LOW) came out with quarterly earnings of $3.67 per share, beating the Zacks Consensus Estimate of $3.48 per share. This compares to earnings of $3.51 per share a year ago.

5 Things to Know Before Markets Open

07:45am, Tuesday, 23'rd May 2023
Debt ceiling talks will continue and Lowe's shares fell after it cut its sales and profit outlook. Here's what investors need to know today.
Michael Lasser, Broadline and Hardline Retail Analyst at UBS, previews earnings from Lowe's.
Lowe's beat expectations for its first-quarter earnings but cut its full-year earnings and revenue outlook on softer consumer spending.
Lowe's beat first-quarter expectations but lowered its full-year sales outlook.
Shares of Lowe's Companies Inc. LOW, -1.51% dropped 1.0% in premarket trading Tuesday, after the home improvement retailer beat fiscal first-quarter profit and sales expectations but cut its full-year

Lowe's Q1 Earnings: What Are We Watching?

10:15pm, Monday, 22'nd May 2023
Lowe's (NYSE: LOW), a home-improvement retailer, is scheduled to report its fiscal first-quarter results on Tuesday, May 23.
Tthe Nasdaq and the small-cap Russell 2000 continued aloft through the closing bell.
Lowe's has gained around 2% since the end of 2022 but has dropped in May. With Q1 earnings due, analysts predict sales and profits will slide.
Floor & Decor's net sales grew during the first quarter. The company's financial health is enviable.
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