The Latest Breaking News from LOW

Lowe’s Companies, Inc. (NYSE:LOW) shares edged higher in premarket trading on Thursday after the home improvement chain topped Wall Street profit expectations in the third quarter, but fell slightly short on sales.

Lowe's has notably underperformed the broader market over the past year, yet analysts remain moderately bullish on the stock’s prospects.

Lowe's is set to report its third-quarter results next month, and analysts expect a single-digit earnings growth.

Lowe’s Companies, Inc. (NYSE:LOW) is positioning for growth in a flat home improvement market, leveraging recent acquisitions and an expanding Pro platform to capture underspent demand, while navigating weather- and rate-driven headwinds.

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Lowe's has underperformed the Consumer Discretionary industry over the past year, but analysts are moderately optimistic about the stock’s prospects.

As the home improvement sector navigates a challenging market environment, major players like Lowe’s Companies Inc. (NYSE:LOW) are finding ways to thrive through strategic moves and solid financial performances. This landscape has seen companies adapting to shifting consumer demands and weather-related disruptions while seeking growth through acquisitions.

Lowe’s Companies, Inc. (NYSE:LOW) reported better-than-expected earnings for the second quarter on Wednesday.

Lowe’s Companies Inc (NYSE:LOW) reported better-than-expected sales and earnings for the second quarter, while raising its full-year guidance and unveiling a significant acquisition.