Revenue segments as reported by the company.

Home Decor

Building Products

Hardlines

Other

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Selling, general and administrative

Depreciation and amortization

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Lowe's

Orchard Supply Hardware is an American retailer of home improvement and gardening products. Headquartered in San Jose, California, Orchard Supply Hardware has dozens of locations throughout California, with expansions into Oregon and Florida.

Orchard Supply Hardware

Rona is a Canadian retailer of home improvement and construction products and services. Founded in 1939, the company operates a mixture of company-owned and franchised retailers under multiple banners, including Rona, its big box formats Rona Home & Garden and Réno-Dépôt, as well as smaller brands such as Rona Cashway, Marcil Centre de Rénovation, and Dick's Lumber. On February 3, 2016, U.S. retailer Lowe's announced that it would acquire Rona for $3.2 billion pending government approval. Lowe's plans to maintain the Rona name in mid-sized stores post-merger.

Rona

Lowe's Companies, Inc. engages in the retail sale of home improvement products. The firm offers products for maintenance, repair, remodeling, home decorating, and property maintenance. It also provides home improvement products in the following categories: appliances, seasonal & outdoor living, lumber, lawn & garden, kitchens & bath, hardware, building materials, millwork, paint, rough plumbing, tools, electrical, flooring, and décor. The company was founded in 1946 and is headquartered in Mooresville, NC.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

LOW reports Q1 earnings growth despite sales decline and discretionary weakness

Despite a decline in comparable sales, LOW's adjusted operating margin expanded, and the company remains optimistic about the future of the home improvement business. Challenges include weakness in discretionary spending, particularly in big-ticket DIY purchases, and questions about the potential duration of this weakness. However, the company sees opportunities in the Pro customer strategy and the rural stores expansion.

LOW reports Q2 earnings with declining sales but expanded margins

LOW's Q2 performance reflects a decline in comparable sales but an expansion in operating margin and strong online sales growth. The company faces challenges from cautious consumer spending and industry-specific pressures. However, LOW remains optimistic about outperforming sales outlook and sees opportunities in sustaining demand and expanding margins through strategic initiatives.

Lowe's Q3 2023: Challenges in DIY Spending, Optimism for Long-Term Growth

Lowe's Q3 2023 faced challenges in DIY spending and online sales, but saw positive performance in Pro sales comp and strategic initiatives. The company remains optimistic about the mid- to long-term outlook for the home improvement industry. Ongoing focus on productivity improvements and meeting customer demand presents opportunities for growth.

Lowe's reports mixed Q4 sales but strong earnings growth

Lowe's Q4 earnings call highlighted mixed sales performance but strong earnings growth. The company is investing in its workforce and focusing on the Pro business for future growth. Opportunities lie in leveraging industry trends and technology advancements while managing challenges like declining lumber prices and flat gross margins.

Lowe's reports Q1 earnings growth despite challenges, eyes rural expansion

Lowe's Q1 2024 earnings call highlighted a mixed performance with challenges in comparable sales offset by positive Pro sales growth. The company's focus on market share gains, productivity initiatives, and Pro segment strength drove earnings growth. Despite short-term pressures, Lowe's remains positive about the future, especially with opportunities in rural store expansion and customer segment spending.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

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Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Lowe's benefits from long-term tailwinds: Aging housing stock, home price appreciation, and rising disposable income, positioning it well for future growth despite near-term challenges. Q3 earnings showed a decline in sales and comp sales, with DIY market weakness and storm-related sales impacting margins, but Pro sales and online growth were strong. Lowe's raised its full-year guidance but lowered operating margin expectations, and a challenging market caused a selloff.

Lowe's: Mixed Q3 Earnings And Uncertain Near Term Don't Diminish The Long Term Outlook

MOORESVILLE, N.C. , Nov. 19, 2024 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) announced today that it will hold its 2024 Analyst and Investor Conference at 8 a.m.

Lowe's Companies, Inc. to Host 2024 Analyst and Investor Conference on Dec. 11

The home improvement retailer is still facing a serious economic headwind.

Here's What's Driving Lowe's Stock Lower Today

Lowe's stock is lower Tuesday as Wall Street weighs a beat-and-raise quarter against declining revenue. This is what you need to know.

Lowe's Stock Is Falling After Earnings. Here's Why

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Some big retailers are feeling better about the end of the year.

Two Big Retailers Lifted Their Outlooks Today—With More Results on the Way

U.S. stocks traded mixed midway through trading, with the Nasdaq Composite gaining by around 100 points on Tuesday.

Nasdaq Gains 100 Points; Lowe's Earnings Beat Views

Lowe's Companies, Inc. (NYSE:LOW ) Q3 2024 Results Conference Call November 19, 2024 9:00 AM ET Company Participants Kate Pearlman - Vice President, Investor Relations & Treasurer Marvin Ellison - Chairman & Chief Executive Officer Bill Boltz - Executive Vice President, Merchandising Joe McFarland - Executive Vice President, Stores Brandon Sink - Executive Vice President & Chief Financial Officer Conference Call Participants Peter Benedict - Baird Steven Forbes - Guggenheim Securities Simeon Gutman - Morgan Stanley Christopher Horvers - JPMorgan Eric Bosshard - Cleveland Research Karen Short - Melius Research Seth Sigman - Barclays Chuck Grom - Gordon Haskett Operator Good morning, everyone. Welcome to Lowe's Companies Third Quarter 2024 Earnings Conference Call.

Lowe's Companies, Inc. (LOW) Q3 2024 Earnings Call Transcript

Lowe's comparable sales for the third quarter fall 1.1%, showing an improvement from the 5.1% decline recorded in the preceding quarter.

Lowe's Q3 Earnings Beat, Comps Decline, FY24 Outlook Revised

Lowe's Companies Inc (NYSE:LOW) reported third-quarter adjusted earnings per share of $2.89 on revenue of $20.17 billion, both of which beat Wall Street's estimates And while the home improvement retailer also raised its outlook, it said it expects full-year sales to decline year over year, leading LOW 4.7% lower to trade at $259.02 at last glance.

Options Traders Blast Lowe's Stock After Earnings

Lowe's (LOW) came out with quarterly earnings of $2.89 per share, beating the Zacks Consensus Estimate of $2.82 per share. This compares to earnings of $3.06 per share a year ago.

Lowe's (LOW) Beats Q3 Earnings and Revenue Estimates

Lowe's (LOW) reported third-quarter results Tuesday morning above analysts' expectations despite "continued softness" in big-ticket discretionary purchases.

Lowe's Sales, Profit Top Estimates Despite Continued 'Big Ticket' Softness

Lowe's Companies Inc has unveiled expectation-beating results for the third quarter, driven by heightened demand in the wake of hurricanes Helene and Milton. Storm-related, professional and online sales over the three months to November offset soft demand for bigger-ticket DIY items, the home improvement retailer said Tuesday.

Lowe's tops expectations after hurricanes drive home retail demand

Sales in the quarter decline 1.4% to $20.2 billion.

Lowe's Stock Falls After Earnings. Home-Improvement Demand Still Looks Weak.

Lowe's earnings beat estimates and company raises guidance despite weakness in big-ticket items

Lowe's topped third-quarter earnings and revenue estimates on Tuesday. The home improvement retailer raised its outlook, but still expects full-year sales to decline from the prior year.

Lowe's beats on earnings and hikes guidance, but still expects sales to fall this year

Home improvement retailer Lowe's Cos forecast a slower-than-expected drop in annual comparable sales on Tuesday as a pickup in hurricane-related demand and favorable weather boosted quarterly sales, even as big-ticket spending remained strained.

Lowe's raises annual same-store sales forecast on storm recovery spending boost

— Diluted EPS of $2.99; Adjusted Diluted EPS1 of $2.89 — — Comparable Sales Decreased 1.1% — — Updates Full Year 2024 Outlook — MOORESVILLE, N.C. , Nov. 19, 2024 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) today reported net earnings of $1.7 billion and diluted earnings per share (EPS) of $2.99 for the quarter ended Nov. 1, 2024, compared to diluted EPS of $3.06 in the third quarter of 2023.

LOWE'S REPORTS THIRD QUARTER 2024 SALES AND EARNINGS RESULTS

Lowe's Companies, Inc. LOW will release earnings results for its third quarter, before the opening bell on Tuesday, Nov. 19.

Lowe's Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

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Earnings reports from Walmart and Lowe's will give investors a glimpse at consumer spending on Tuesday morning, while SpaceX readies for another launch.

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Lowe's continues to face challenges in its DIY home improvement segment, a primary area of concern.

Lowe's to Post Q3 Earnings: What Investors Need to Know

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This week, traders and investors might focus on three major companies—Lowe's, Target, and Nvidia—as they navigated a landscape shaped by inflation, shifting consumer preferences, and surging demand for artificial intelligence (AI).

Earnings in Focus: How Lowe's, Target, and Nvidia Navigated Q3 Challenges

Lowe's Companies has seen significant stock growth, but recent revenue and profitability declines prompt a downgrade from 'buy' to 'hold.'. Despite strong historical performance, recent economic conditions and the sale of its Canadian business have negatively impacted Lowe's financials. Analysts predict further revenue and earnings declines for Q3 2024, reinforcing the cautious outlook.

Lowe's Companies: Weak Demand And A Rising Valuation Necessitates A Downgrade

Lowe's Cos. (LOW) is set to report third-quarter results Tuesday morning, with analysts expecting lower revenue than the same time last year despite a potential sales boost from recent hurricanes.

What Analysts Think of Lowe's Stock Ahead of Earnings

MOORESVILLE, N.C. , Nov. 15, 2024 /PRNewswire/ -- The board of directors of Lowe's Companies, Inc. (NYSE: LOW) has declared a quarterly cash dividend of one dollar and 15 cents ($1.15) per share, payable Feb. 5, 2025, to shareholders of record as of Jan. 22, 2025.

LOWE'S COMPANIES, INC. DECLARES CASH DIVIDEND

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The dust is beginning to settle from the 2024 election, and companies are starting to digest what a second Trump term means for business. On the campaign trail, Candidate Trump promised another round of tariffs on foreign goods, but it remains to be seen what promises actually translate into law once the administration comes to power.

News for Lowe's Stock (LOW)