Company Of The Day: Lowe’s
What?
Lowe’s (NYSE:LOW) Q4 FY’21 results beat expectations, with the company also providing stronger than anticipated guidance for FY’22. The company expects revenues of between $97 billion to $99 billion in FY’22, with EPS expected to range from $13.10 to $13.60.
Why?
- Lowe’s Stock Is Falling Despite Upbeat Q3
- Up 8% This Year, What Lies Ahead For Lowe’s Stock Post Q2 Results?
- Up 4% This Year, Will Q1 Results Drive Lowe’s Stock Higher?
- Up 17% Since 2023, What’s Next For Lowe’s Stock Post Q4 Results?
- How Will Lowe’s Stock Trend After Increasing Only 3% This Year?
- Will Lowe’s Stock Trade Lower Post Q2?
Growth is being driven by the strength of the home improvement space and the company’s market share gains.
So What?
Lowe’s stock was up marginally in Wednesday’s trading, compared to the broader S&P 500, which declined almost 2%.
See Our Complete Analysis For Lowe’s
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Returns | Feb 2022 MTD [1] |
2022 YTD [1] |
2017-22 Total [2] |
LOW Return | -9% | -17% | 202% |
S&P 500 Return | -6% | -11% | 89% |
Trefis MS Portfolio Return | -5% | -14% | 239% |
[1] Month-to-date and year-to-date as of 2/24/2022
[2] Cumulative total returns since the end of 2016