Lowe’s and Home Depot are both set to offer virtual workshops on home improvement projects ranging from bathroom upgrades and lawn care, Bloomberg reported Wednesday (March 16). Per the report, the companies are both trying to keep hold of the pandemic quarantine-era penchant for home improvement. Both companies’ revenues were […]
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Lowe’s Maintains its Sales Momentum in Q3, Raises Its Full-Year Outlook
Lowe’s (NYSE:LOW) reported third-quarter earnings before the market opened on Wednesday, and the results affirm that the home improvement retailer is maintaining the sales momentum it’s been seeing all year as consumers continue to take on more projects. Earnings results since the pandemic’s onset have pointed to the idea that […]
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Stocks dip, drifting below records after Target, Lowe’s earnings
Stocks were mostly lower Wednesday to hover below record levels, as investors digested a set of solid corporate earnings results from more major retailers. The S&P 500, Dow and Nasdaq were slightly lower. Tesla (TSLA) shares bucked the trend of the market and extended gains, after jumping 4% on Tuesday. […]
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Home Depot Stock: Home Depot, Lowe’s Earnings On Tap As Consumers Mull Rising Materials Costs
Home improvement giants Home Depot (HD) and Lowe’s (LOW) will report third-quarter earnings this week. Home Depot reports earnings on Tuesday, while Lowe’s reports on Wednesday. HD stock and LOW stock fell. X Wall Street expects muted results, as the homebuying and renovation boom that’s lasted through most of the […]
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Lowe’s Home Improvement donates $68,000 to renovate senior citizen center at Odessa’s Old Town Hall | Columbia Basin
ODESSA – Lowe’s Home Improvement chose the city of Odessa as one of its 100 Hometowns winners. The 100 Hometowns program is Lowe’s impact project program that funds 100 different community-based endeavors across the U.S. as part of its 100th birthday celebration. Odessa was only one of three areas chosen […]
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NFL stars, led by Drew Brees, help Lowe’s improve hometowns across the US
In its third year as an official NFL partner, Lowe’s has launched a new campaign promoting the Lowe’s Home Team, a group of NFL athletes, Lowe’s associates and customers on a mission to DIY their way to the top – and help improve their hometowns along the way. This year, […]
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Are Crashing Lumber Prices Good or Bad News for Home Depot and Lowe’s?
The price of lumber surged during the pandemic. Suppliers miscalculated the effect of the pandemic on demand for their products. Rather than falling off, demand surged as people stuck at home took to home improvement projects. The boost in demand coupled with reductions in supply sent prices of lumber up […]
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Lowe’s Stock Rode the Housing Boom. Now It May Be Ending.
Text size Strong results last year set a tough basis for comparison at home-improvement retailers. Justin Sullivan/Getty Images The home-improvement trend that has lifted stocks such as Lowe’s and Home Depot may be on its last legs. Analysts at Wedbush Securities expect changes in household spending will hurt both companies. […]
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Ankeny-based Casey’s plans a big hiring push, and so does Lowe’s
Casey’s announced Friday that it is planning to add 5,000 employees in the 16 states where it operates. Also Friday, Lowe’s, anticipating a summer surge in business as Iowans plant gardens and launch home improvement projects, said it was preparing to hire for more than 130 positions in the Des Moines metro […]
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Lowe’s ‘SpringFest’ has free curbside ‘Garden-to-Go’ projects for families in April. How to sign up.
UPDATE: Registration opened Thursday for the first SpringFest Garden-to-Go kit at www.lowes.com and there was “overwhelming interest,” Lowe’s told USA TODAY in a statement. Available while supplies lasted, the free kits “sold out” nationwide, the retailer said. At midnight on April 8, registration will open for the next kit, which […]
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Lowe’s plans ‘SpringFest’ event with free curbside ‘Garden-to-Go’ projects for families. How to sign up
Lowe’s is dangling a new springtime promotion: free Garden-to-Go project kits that can be picked up curbside. Every week in April, for “SpringFest,” the home improvement chain will give away different themed kits to families who register in advance. Registration starts April 1, a week before the first of four […]
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Home Depot, Lowe’s Q4 Earnings Preview: Escalating Costs Could Hurt Stock Gains
Home improvement retailers Home Depot (NYSE:) and Lowe’s (NYSE:), have seen their sales soar during the pandemic. With lockdowns in affect and most Americans forced to stay at home, many diverted their savings to home improvement projects, such as redesigning backyards, building home offices and renovating basements. This trend is […]
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5 Ways We’ll Be Transforming Our Homes in 2021, According to Lowe’s
Stuck at home far more than usual, many people took on home improvement projects in 2020. Kitchens were expanded, outdoor spaces created, garages converted to home gyms, and spare bedrooms transformed into home offices and classrooms. Projects relegated to the back burner for too long suddenly became priorities, even if […]
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Forget Lowe’s, Home Depot Is a Better Home-Improvement Stock
The home-improvement industry has been surging as the coronavirus pandemic has forced so many people to spend more time at home. Not only are they noticing more projects that need to be done, but since the home now needs to be an office, a school, and an entertainment center, they need […]
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Lowe’s (LOW) on Track to Boost Market Share, Updates View
With home improvement projects being widely undertaken amid the pandemic, Lowe’s Companies, Inc. LOW is ramping up assortments to meet higher consumer demand and boost its market share. Progressing on these lines, the company introduced the Total Home strategy that includes providing complete solutions for various types of home repair […]
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Lowe’s Up 30% in 3 Months on Solid Home Improvement Trends
With majority time being spent indoors due to the pandemic scenario, there is a rising focus on making homes an enjoyable and comfortable space. Home DIY projects for remodeling, decorating and maintenance of furniture and fixtures are being widely undertaken. Growing inclination toward home improvement projects is quite visible in […]
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DIY projects ramp up in pandemic, and so do sales at Lowe’s
Home improvement retailer Lowe’s Cos. became the latest big box retailer to report surging sales during the fiscal second quarter as Americans are finding more ways to improve their home during the pandemic. Comparable store sales in the U.S. spiked 35.1% at Lowe’s, and online orders more than doubled. The […]
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Lowes, Home Depot and Scotts Miracle-Gro
For Immediate Release Chicago, IL – June 26, 2020 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Lowes Companies, Inc. […]
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Lowe’s Posts Mixed Results for 4th Quarter
Lowe’s (NYSE:LOW) released its fourth-quarter results on Feb. 26 before the market opened. The company’s earnings beat expectations as a result of the continuous cost-sutting measures, coupled with better customer traffic at physical stores. Revenue, however, did not live up to expectations. Snapshot of the quarter The home improvement retailer […]