Company Of The Day: Lowe’s

May 19th, 2022 by Trefis Team
-6.50%
Downside
257
Market
240
Trefis
LOW: Lowe's Companies logo
LOW
Lowe's Companies

What?

Home improvement retailer Lowe’s (NYSE:LOW) posted a mixed set of Q1 2022 results. While revenue declined by about 3% year-over-year to $23.66 billion, earnings improved to $3.51 per share, from $3.21 a year earlier.

Why?

Relevant Articles
  1. Lowe’s Stock Is Falling Despite Upbeat Q3
  2. Up 8% This Year, What Lies Ahead For Lowe’s Stock Post Q2 Results?
  3. Up 4% This Year, Will Q1 Results Drive Lowe’s Stock Higher?
  4. Up 17% Since 2023, What’s Next For Lowe’s Stock Post Q4 Results?
  5. How Will Lowe’s Stock Trend After Increasing Only 3% This Year?
  6. Will Lowe’s Stock Trade Lower Post Q2?

Lowe’s caters largely to do-it-yourself (DIY) customers and sales took a hit as colder weather through the spring apparently hurt DIY projects.

So What?

Lowe’s stock was down by about 5% in Wednesday’s trading.

See Our Complete Analysis For Lowes

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