Latest news with #Lowe'sCompanies
Yahoo
4 days ago
- Business
- Yahoo
Lowe's Companies (NYSE:LOW) Announces 4% Dividend Increase to US$1.20 Per Share
Lowe's Companies has recently increased its quarterly dividend to $1.20 per share, up 4% from the previous payout, signaling a commitment to shareholder value. While the company's stock price remained flat over the last month, these dividend enhancements and the reaffirmation of positive full-year earnings guidance likely complemented broader market trends. Lowe's launch of the Mylow Companion AI tool reflects its focus on innovation in customer service. Against a backdrop of general market positivity, these developments suggest a stable performance, aligning with the general upward trend observed in the market. We've spotted 2 warning signs for Lowe's Companies you should be aware of, and 1 of them is significant. We've found 18 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. The recent dividend increase by Lowe's Companies, coupled with the launch of the Mylow Companion AI tool, reflects the company's focus on enhancing shareholder value and customer service innovation. Over the last five years, Lowe's has achieved a total shareholder return of 91.08%, illustrating consistent performance and potentially suggesting resilience amid market fluctuations. This starkly contrasts with its relative underperformance compared to the US market and the Specialty Retail industry, which returned 12.5% and 12.6% respectively, over the past year. The dividend hike could positively impact earnings forecasts, highlighting management's confidence in future cash flows. Analysts predict revenue and earnings improvements driven by initiatives like Pro market penetration and tech enhancements. However, macroeconomic uncertainties and competition remain potential headwinds. With revenue predicted to grow 3.2% annually over the next three years, slightly slower than overall expectations for the US market, these strategies will be crucial in maintaining competitive positioning. The stock's current price, US$223.01, indicates a potential growth opportunity as it trades at a 18.3% discount to the consensus price target of US$272.954. This disparity suggests market misalignment with analyst expectations, partly due to differing views on growth projections and macroeconomic impacts. Despite mixed short-term performance, Lowe's long-term growth strategies and financial commitments may drive future value realization. Examine Lowe's Companies' earnings growth report to understand how analysts expect it to perform. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NYSE:LOW. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
4 days ago
- Business
- Yahoo
LOWE'S COMPANIES, INC. ANNOUNCES INCREASE IN QUARTERLY CASH DIVIDEND TO $1.20 PER SHARE
MOORESVILLE, N.C., May 30, 2025 /PRNewswire/ -- The board of directors of Lowe's Companies, Inc. (NYSE: LOW) has declared a quarterly cash dividend of one dollar and 20 cents ($1.20) per share, payable Aug. 6, 2025, to shareholders of record as of July 23, 2025. This represents a 4% increase over the company's previous dividend of one dollar and 15 cents ($1.15) per share. "We are pleased with the ongoing transformation of the company, despite near-term challenges in the macro environment. We're evolving our Total Home strategy so that we will be well-positioned to capitalize on the expected recovery in home improvement, and we continue to make the right investments in long-term growth," said Marvin R. Ellison, Lowe's chairman, president and CEO. "This dividend increase reflects the Board's confidence in these investments, and the company's commitment to delivering sustainable shareholder value through a disciplined capital allocation strategy." Lowe's has paid a cash dividend every quarter since going public in 1961, and it has increased the dividend for more than 25 consecutive years. About Lowe's Lowe's Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving approximately 16 million customer transactions a week in the United States. With total fiscal year 2024 sales of more than $83 billion, Lowe's operates over 1,700 home improvement stores and employs approximately 300,000 associates. Based in Mooresville, N.C., Lowe's supports the communities it serves through programs focused on creating safe, affordable housing, improving community spaces, helping to develop the next generation of skilled trade experts and providing disaster relief to communities in need. For more information, visit Disclosure Regarding Forward-Looking StatementsThis press release includes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements including words such as "believe", "expect", "anticipate", "plan", "desire", "project", "estimate", "intend", "will", "should", "could", "would", "may", "strategy", "potential", "opportunity", "outlook", "scenario", "guidance", and similar expressions are forward-looking statements. Forward-looking statements involve, among other things, expectations, projections and assumptions about future financial and operating results, objectives (including objectives related to environmental and social matters), business outlook, priorities, sales growth, shareholder value, capital expenditures, cash flows, the housing market, the home improvement industry, demand for products and services including customer acceptance of new offerings and initiatives, macroeconomic conditions and consumer spending and Lowe's strategic initiatives, including those relating to acquisitions and dispositions and the impact of such transactions on our strategic and operational plans and financial results. Such statements involve risks and uncertainties, and we can give no assurance that they will prove to be correct. Actual results may differ materially from those expressed or implied in such statements. A wide variety of potential risks, uncertainties, and other factors could materially affect our ability to achieve the results either expressed or implied by these forward-looking statements including, but not limited to, the occurrence of any event or other circumstance that could give rise to the right of one or both of the parties to terminate the merger agreement between Lowe's and ADG, the failure to obtain the requisite approvals or to satisfy the other conditions to the proposed merger on a timely basis or at all, the possibility that the anticipated benefits and synergies of the merger are not realized when expected, or at all, including as a result of the impact of, or problems arising from, the integration of the two companies or as a result of changes in general economic conditions, such as volatility and/or lack of liquidity from time to time in U.S. and world financial markets and the consequent reduced availability and/or higher cost of borrowing to Lowe's and its customers, slower rates of growth in real disposable personal income that could affect the rate of growth in consumer spending, inflation and its impacts on discretionary spending and on our costs, shortages and other disruptions in the labor supply, interest rate and currency fluctuations, home price appreciation or decreasing housing turnover, age of housing stock, the availability of consumer credit and of mortgage financing, trade policy changes or additional tariffs, outbreaks of pandemics, fluctuations in fuel and energy costs, inflation or deflation of commodity prices, natural disasters, geopolitical or armed conflicts, acts of both domestic and international terrorism, and other factors that can negatively affect our customers. Investors and others should carefully consider the foregoing factors and other uncertainties, risks and potential events including, but not limited to, those described in "Item 1A - Risk Factors" in our most recent Annual Report on Form 10-K and as may be updated from time to time in Item 1A in our quarterly reports on Form 10-Q or other subsequent filings with the SEC. All such forward-looking statements speak only as of the date they are made, and we do not undertake any obligation to update these statements other than as required by law. LOW-IR Contacts: Shareholder / Analyst Inquiries: Media Inquiries: Kate Pearlman Steve Salazar704-775-3856 View original content to download multimedia: SOURCE Lowe's Companies, Inc.
Yahoo
6 days ago
- Business
- Yahoo
Lowe's Companies, Inc. (LOW) 'Had A Good Quarter,' Says Jim Cramer
We recently published a list of . In this article, we are going to take a look at where Lowe's Companies, Inc. (NYSE:LOW) stands against other stocks that Jim Cramer discusses. Lowe's Companies, Inc. (NYSE:LOW), along with Home Depot, is a dominant player in the American home improvement retail market. The firm's shares have lost 10% year-to-date as it struggles in a weak market driven by high interest rates and pessimistic consumer sentiment. During its first-quarter earnings report in May, Lowe's Companies, Inc. (NYSE:LOW)'s continued to struggle in the weak environment. It warned that consumers were not making expensive purchases and this trend could continue in the second quarter. Cramer commented on the broader weakness in the retail sector: 'By the way the retail group is total chaos today. . .Lowe's is down. I thought Lowe's had a good quarter.' A family excitedly browsing through the aisles of a home improvement retail store. Cramer has discussed Lowe's Companies, Inc. (NYSE:LOW) several times this year. Most of these have seen him analyze the firm simultaneously with its peer Home Depot. For instance, here's what he said in March: 'Marvin Ellison, go[ing] back and forth with him, this was an excellent quarter. Particularly considering rates, although the rates have come down a little bit. And the lack of housing turnover which is typically been the key metric because when there's housing turnover you go to Lowe's, you tend to rehabilitate, you make it so you renovate. I was struck by the fact that the numbers were [inaudible] are improving. Because Lowe's is of the [inaudible] of do it yourself. We had good pro numbers from Home Depot, good pro numbers from Lowe's, something could be on here David. It is not as bad as feared. These two companies are excellent. Overall, LOW ranks 6th on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of LOW, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than LOW and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
26-05-2025
- Business
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Lowe's Just Issued a Warning About Its Coming Quarters. Should You Consider Buying the Stock Anyway?
The home improvement retailer posted dips in sales and profitability in its first quarter. Management believes the headwinds pushing against its business will continue to blow. 10 stocks we like better than Lowe's Companies › As any savvy investor knows, the crucial part of a company's earnings report isn't the historical financial figures -- it's the guidance. Stocks trade on the future, not the past. This is a major reason why the market was rather cool on Lowe's Companies' (NYSE: LOW) recently released first-quarter earnings report. The company beat analyst estimates on earnings and only slightly missed on revenue, but what it had to say about the coming quarters concerned investors -- and rightly so. Let's dive in to see what the company had to say. This past Wednesday, Lowe's took the wraps off its inaugural set of quarterly earnings for this year. These revealed that net sales amounted to just over $20.9 billion, representing a 2% slide from the same period in 2024; comparable sales dipped by 1.7%. Net income under GAAP standards also ticked down, landing at $1.64 billion ($2.92 per diluted share) from the year-ago profit of $1.76 billion. On average, analysts following Lowe's fortunes were modeling slightly under $21 billion for the quarter's revenue, and per-share net income of $2.88. They also believed the company would post a slightly steeper decline in same-store sales, specifically by 2.1%. Interestingly, that dynamic was the opposite for Lowe's arch-rival Home Depot, which reported its own Q1 results the day before -- it beat on revenue but missed on net income. Yet it posted quite the healthy top-line growth figure of 9.5%, and that encouraging number compared to Lowe's 2% drop might have been one reason investors traded the latter down on earnings day. In the conference call discussing Lowe's results, CEO Marvin Ellison explained that more careful discretionary spending by consumers was dampening results. He also said that ugly weather in various regions around the U.S. had made for a slow start to the spring season -- the time of the year when many people undertake home improvement and gardening projects. This was mitigated, to a degree, by mid-single-digit growth in the company's Pro offerings for (as the name implies) professionals in the home improvement fields. The catch is, this segment only accounts for about 30% of the company's revenue at present. Online comparable sales, meanwhile, rose at a roughly similar rate. Lowe's affirmed its existing guidance for the entirety of 2025, which calls for sales of $83.5 billion to $84.5 billion. That's on comparable sales, which should be flat to 1% higher in comparison to the previous fiscal year. The current consensus analyst estimate of $84.3 billion falls within the proffered range. For comparison's sake, the fiscal 2024 tally was a bit below $83.7 billion. Anticipated profitability is also more or less in line with pundit projections. Management continues to guide for roughly $12.15 to $12.40 per share for net income, while analysts collectively are modeling $12.21. One major difference to the company's revenue projection is that the bottom-line range is well above the actual year-ago result, which was $8.31. Yet the tone that investors seemed to be hearing from both the earnings report and the conference call was cautious, edging into negative. Management clearly isn't expecting the current situation to shift -- relatively and persistently high interest rates and macroeconomic uncertainty should keep constricting demand. In the call, CFO Brandon Sink expressed hope that this would change, stating: "[F]or us, as we look out, we're looking for sustained increase discretionary projects and DIY traffic." However he added: "We don't have that necessarily expected or baked into [2025]. It's sort of expected it's gonna be more of the same at this point." In my opinion, Q1 results for Lowe's mirror those of Home Depot to some extent, in that they reflect good management teams doing the best they can to produce growth in what's essentially a down cycle. Lowe's earns a few points for going the growth-by-acquisition route in a sensible way, as it announced during the quarter that it agreed to acquire privately held Artisan Design Group (ADG) for just over $1.3 billion. It described ADG as "a leading nationwide provider of design, distribution and installation services for interior surface finishes, including flooring, cabinets and countertops" serving both home builders and property managers. This, of course, dovetails well with the company's Pro line, and a boost in the take for that segment could certainly help juice the overall fundamentals. Ultimately, though, I think the downbeat investor reaction to Lowe's latest quarterly performance is justified. The company didn't manage to buck the down trend in its business in the first frame, and like management, I don't see conditions changing much in the coming months. It's hard to get all that excited about home improvement retailers just now, and unfortunately, that includes this one. Before you buy stock in Lowe's Companies, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Lowe's Companies wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $639,271!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $804,688!* Now, it's worth noting Stock Advisor's total average return is 957% — a market-crushing outperformance compared to 167% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of May 19, 2025 Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Home Depot. The Motley Fool recommends Lowe's Companies. The Motley Fool has a disclosure policy. Lowe's Just Issued a Warning About Its Coming Quarters. Should You Consider Buying the Stock Anyway? was originally published by The Motley Fool Sign in to access your portfolio
Yahoo
24-05-2025
- Business
- Yahoo
Lowe's Companies First Quarter 2026 Earnings: EPS Beats Expectations
Revenue: US$20.9b (down 2.0% from 1Q 2025). Net income: US$1.64b (down 6.5% from 1Q 2025). Profit margin: 7.8% (down from 8.2% in 1Q 2025). The decrease in margin was driven by lower revenue. EPS: US$2.93 (down from US$3.07 in 1Q 2025). Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.7%. Looking ahead, revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Specialty Retail industry in the US. Performance of the American Specialty Retail industry. The company's shares are down 5.6% from a week ago. Before we wrap up, we've discovered 2 warning signs for Lowe's Companies (1 is a bit unpleasant!) that you should be aware of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
