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

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Earnings data Q4 2021

Earnings data Q1 2022

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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

Capital expenditure

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

Burlington Stores

Kohl's

Execution played a role. So did Wall Street's expectations.

Lowe's and Kohl's Tanked, but Burlington Soared. It isn't Just the Economy.

Lowe's (LOW) reports lower sales year over year for third-quarter fiscal 2023 due to weak comparable sales.

Lowe's (LOW) Q3 Earnings Beat Estimates, Sales Fall Y/Y

Lowe's Cos. shares fell about 3% Tuesday, after the home-improvement retailer missed revenue forecasts for the third quarter and lowered its guidance, warning that consumers favor experiences over goods for now.

Lowe's bonds sell off along with stock after earnings come with a warning

Best Buy

Freeport-McMoRan

Newmont Mining

U.S. equities were down at midday as a string of retailers warned about consumer spending heading into the key holiday shopping season. The Dow, S&P 500, and Nasdaq all fell.

Midday Movers: Best Buy and Lowe's Drop, Newmont and Freeport-McMoRan Gain

Lowe's Companies, Inc. (NYSE:LOW ) Q3 2023 Earnings Conference Call November 21, 2023 9:00 AM ET Company Participants Kate Pearlman - VP, IR Marvin Ellison - Chairman & CEO William Boltz - EVP, Merchandising Joseph McFarland - EVP, Stores Brandon Sink - EVP & CFO Conference Call Participants Steven Forbes - Guggenheim Securities Peter Benedict - Baird Simeon Gutman - Morgan Stanley Christopher Horvers - J.P. Morgan Seth Sigman - Barclays Michael Lasser - UBS Brian Nagel - Oppenheimer Operator Good morning, everyone, and welcome to Lowe's Companies' Third Quarter 2023 Earnings Conference Call.

Lowe's Companies, Inc. (LOW) Q3 2023 Earnings Call Transcript

Shares of Lowe's (LOW) dropped over 2% in early trading Tuesday after the home improvement retailer missed revenue expectations and slashed its outlook as the booming demand for home upgrades during the pandemic faded.

Lowe's Cuts Its Forecast as Sales Drop Amid Decline in DIY Project Spending

Abercrombie & Fitch

Dick's Sporting Goods

The holiday season is typically the weakest for home improvement retail stores, and this year is no different.

5 Retailers Reported Earnings Tuesday Morning; Only One Is a Winner

Home Depot

NVIDIA

As we are nearly through the entire S&P 500 for another earnings season, we look for today to be largely affected by earnings results, mostly among specialty retailers.

Big Morning for Q3 Earnings in Retail: DKS, ANF, BBY & More

Consumers are putting do-it-yourself (DIY) projects on hold, which is bad news for Lowe's. The home improvement chain has slashed its full-year sales outlook, saying Tuesday (Nov. 21) that it had seen a “greater-than-expected pullback” — to the tune of 13% — in sales as homeowners held off on new DIY work.

Lowe's Cuts Sales Forecast as Consumers Decide Against DIY

Lowe's saw a "greater-than-expected pullback in DIY discretionary spending, particularly in bigger ticket categories" in the third quarter, CEO Marvin Ellison said.

Lowe's sees steeper drop in annual sales as DIY demand stumbles

Dick's Sporting Goods surged early Tuesday after reporting better-than-expected financials and updating guidance as retailers enter the holiday season.

Dick's Leads Retail Earnings Rally, Lowe's Takes A Dive Ahead Of Holiday Shopping Season

Lowe's (LOW) came out with quarterly earnings of $3.06 per share, beating the Zacks Consensus Estimate of $3.05 per share. This compares to earnings of $3.27 per share a year ago.

Lowe's (LOW) Beats Q3 Earnings Estimates

Lowe's Companies Inc shares fell 5% in pre-market trading after it lowered full-year guidance on the back of lower than expected DIY sales.  The Mooresville, North Carolina-based home improvement retailer now expects full year sales of around $86 billion, down from previous guidance of $87–$89 billion, with like-for-like sales seen falling by 5% compared to previous forcasts for a drop of 2%-4%.

Lowes shares fall as weak DIY sales prompt guidance cut

Lowe's Cos. Inc. shares LOW were falling more than 5% in Tuesday's premarket trading after the home-improvement company trimmed its full-year outlook and called out pressure on discretionary spending.

Lowe's sees pullback in discretionary spending, cuts earnings outlook

— Comparable Sales Decreased 7.4%; Diluted EPS of $3.06 — — Updates Full Year 2023 Outlook — MOORESVILLE, N.C. , Nov. 21, 2023 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) today reported net earnings of $1.8 billion and diluted earnings per share (EPS) of $3.06 for the quarter ended Nov. 3, 2023, compared to diluted EPS of $0.25 in the third quarter of 2022, which included a pre-tax long-lived asset impairment of $2.1 billion related to its Canadian retail business.

LOWE'S REPORTS THIRD QUARTER 2023 SALES AND EARNINGS RESULTS

The Q3 earnings cycle is winding down, with most companies already unveiling quarterly results. The cycle has primarily been better-than-expected, helping to keep sentiment in check and drive the market higher.

Lowe's Q3 Preview: Can Shares Move Higher Post-Earnings?

Lowe's (LOW) third-quarter performance will likely show the impacts of a challenging operating backdrop, including inflationary pressures and foreign currency headwinds.

Lowe's (LOW) to Come Up With Q3 Earnings: A Glimpse at Comps

Cummins

Many investors understandably fear buying anything related to stocks when the market is 18.5X earnings and 10% overvalued ahead of a likely recession next year. But it's always and forever a market of stocks, not a stock market. There are incredible world-beater blue-chip bargains that are good to great buys right now. Here are three three excellent examples of Buffett-style "wonderful companies at fair prices," and some of them are even trading at wonderful prices.

Buy These 3 Ultra SWAN Bargains Before Everyone Else Does

We expect the company's stock to see little movement post-third-quarter results - as its revenue and earnings are expected to almost match the consensus estimates.

How Will Lowe's Stock Trend After Increasing Only 3% This Year?

Lowe's recognizes Hixson Lumber, PrimeSource and GE Appliances as This Year's Outstanding Suppliers; Trex named Lowe's Sustainability Partner of the Year MOORESVILLE, N.C. , Nov. 15, 2023 /PRNewswire/ -- Lowe's Companies, Inc. announced today it has named Hixson Lumber, GE Appliances and PrimeSource as the company's 2023 Vendor Partners of the Year.

LOWE'S ANNOUNCES 2023 VENDOR PARTNERS OF THE YEAR

Nordstrom

VanEck Vectors Retail ETF

Target

Walmart

SPDR S&P Retail ETF

The retail sector is in focus with the earnings releases of big retailers lined up.

Start of Big-Box Q3 Earnings Puts Retail ETFs in Focus

Lowe's (LOW) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Lowe's (LOW) to Report a Decline in Earnings: What to Look Out for

MOORESVILLE, N.C. , Nov. 14, 2023 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) announced today that it will hold its Third Quarter 2023 Earnings Conference Call at 9 a.m.

Lowe's Companies, Inc. to Host Third Quarter 2023 Earnings Conference Call on Nov. 21

Automatic Data Processing

NextEra Energy

Even with the market soaring for eight straight days, incredible bargains are available in the world's safest companies. That includes fast-growing dividend aristocrats and kings with wide moats and critical services for modern life. Here are 3 wonderful opportunities for fast-growing aristocrats right now. Each one is a Buffett-style "wonderful company at a wonderful price".

3 Dividend Aristocrat Bargains For A Rich Retirement

Lowe's is a dividend king with over six decades of dividend increases and aggressive buybacks. The company has experienced significant revenue and EPS growth, driven by organic growth and cost reduction measures. Lowe's has opportunities to continue to tap into the $1 trillion home improvement market through its total home strategy and collaboration with professionals.

News for Lowe's Stock (LOW)