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

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

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

AbbVie

AbbVie is a Dividend King that has proven it can successfully navigate challenges. Lowe's Companies is a great stock to own over the long run because homes will always need to be fixed up.

Bull Market Buys: 3 Dividend Stocks to Own for the Long Run

Home-improvement retailer Lowe's Cos. has become the latest company to change its approach to diversity, equity and inclusion amid an increase in legal challenges to the corporate world and pressure from conservatives.

Lowe's becomes latest company to back away from diversity plans

Home Depot

Home Depot and Lowe's are forecasting lower sales, earnings, and margins. Macroeconomic factors continue to pressure consumers.

Here's What Home Depot and Lowe's Just Told Stock Market Investors About the Broader Economy

Home improvement retailer Lowe's has scrapped some of its diversity, equity and inclusion (DEI) programs, becoming the latest U.S. firm to modify such policies meant to boost racial and ethnic representation.

Home improvement retailer Lowe's latest US firm to end some diversity policies

When analysts prepare to assign a rating and a price target to a stock, they typically discuss the trend with each other. Otherwise, they arrange all the questions that need to be answered to make recommendations during quarterly earnings conference calls.

Wall Street Analysts Are Divided on Lowe's Stock: Here's Why

Abbott Labs

Archer-Daniels-Midland Company

Cincinnati Financial

Trump Media & Technology Group Corp

Con Ed

Emerson Electric

Federal Realty Investment Trust

Hormel Foods

Illinois Tool Works

Johnson & Johnson

Coca-Cola

Kenvue

Lancaster Colony

Altria

PepsiCo

Procter & Gamble

Parker-Hannifin

PPG Industries

Target

Walmart

The former president's recent regulatory filing disclosed positions in 21 Dividend Kings. Most of these stocks underperformed the S&P 500 over the last five years.

Donald Trump Owns These 21 Dividend Kings. Should You?

LOW reported some headwinds in its Q2 earnings surrounding its DIY demands and weather conditions. I see these headwinds as temporary only. I expect EPS growth to resume soon thanks to its robust ROCE and sustainable CAPEX investment.

Lowe's Q2: Headwinds Are Temporary

Elevated mortgage rates and record-high home prices have pushed many would-be home buyers into wait-and-see mode. Now homeowners are playing the waiting game with renovation plans.

Bye-bye, DIYs: Lowe's and Home Depot say people are putting off home-renovation projects

Kellogg

Lowe's Companies Inc (NYSE:LOW) and Kellanova (NYSE:K) are both seeing unusual options activity today: the former's after an earnings call and the latter's following a U.S. Securities and Exchange Commission (SEC) filing.

2 Stocks Seeing Unusual Options Volume

Lowe's Companies, Inc. LOW released earnings results for its second quarter Tuesday before the opening bell.

Lowe's Q2 Earnings: Analysts Highlight Margin Strength Despite Revenue Miss and Sales Pressure

Tepid demand for do-it-yourself projects, which account for more than half of Lowe's sales, led to Q2 same-store sales missing analysts' estimates.

Lowe's follows rival Home Depot with dismal profit forecast: ‘People aren't moving'

Lowe's Companies, Inc. (NYSE:LOW ) Q2 2024 Earnings Conference Call August 20, 2024 9:00 AM ET Company Participants Kate Pearlman - Vice President, Investor Relations & Treasurer Marvin Ellison - Chairman & Chief Executive Officer Bill Boltz - Executive Vice President, Merchandising Joe McFarland - Executive Vice President, Stores Brandon Sink - Executive Vice President & Chief Financial Officer Conference Call Participants Simeon Gutman - Morgan Stanley Steven Zaccone - Citi Christopher Horvers - JPMorgan Scot Ciccarelli - Truist Securities Kate McShane - Goldman Sachs Robby Ohmes - Bank of America David Bellinger - Mizuho Securities Zach Fadem - Wells Fargo Brian Nagel - Oppenheimer Operator Good morning, everyone, and welcome to Lowe's Companies Second Quarter 2024 Earnings Conference Call. My name is Rob, and I'll be your operator for today's call.

Lowe's Companies, Inc. (LOW) Q2 2024 Earnings Call Transcript

Lowe's (LOW) executives spent Tuesday's earnings call discussing the retailer's struggles with lower discretionary spending from consumers, along with its efforts to expand its market share among professional contractors and improve its digital experience.

4 Key Takeaways From Lowe's Earnings Call

Lowe's Companies Inc (NYSE:LOW) lowered its full-year sales forecast on Tuesday after reporting disappointing second-quarter results, as high interest rates and inflation continued to weigh on consumer spending in the home improvement sector. The company reported a 5.6% decline in quarterly sales, falling to $23.59 billion, short of Wall Street's expectation of $23.91 billion.

Lowe's cuts outlook as DIY sales falter amid high interest rates

Lowe's (LOW) second-quarter fiscal 2024 results reflect a reduction in Do-It-Yourself discretionary spending. Comparable sales for the quarter decline 5.1%.

Lowe's (LOW) Q2 Earnings Beat, Comps Fall & FY24 Outlook Cut

Lowe's stock is lower Tuesday after the retailer's Q2 revenue miss and downwardly revised outlook. Should investors be worried?

Is Lowe's Stock Still a Buy After Earnings?

Medtronic

NVIDIA

It's this week -- today, precisely -- that best represents a typical late-summer stock market environment.

Dog Day of Summer: Right Now in the Stock Market

The home improvement market could use some improvement itself. That's the latest from Lowe's Companies Inc. During its second-quarter 2024 earnings call Tuesday (Aug. 20), the company revised its annual forecasts downward, citing a challenging macroeconomic environment dampening consumer spending on home improvement projects.

Lowe's Looks to Grow With Pros as Consumer Demand Dwindles

Lowe's Companies NYSE: LOW stock is in a holding pattern after the Q2 results revealed operational quality offset by a weakened sales outlook. The critical takeaway is that macroeconomic conditions impact sales while operational quality improves.

Lowe's Stock: Hold Now, Buy it When it Dips

U.S. stocks traded mixed this morning, with the Dow Jones index falling around 80 points on Tuesday.

US Stocks Mixed; Lowe's Cuts FY24 Forecast

Lowe's (LOW) reported weaker-than-expected quarterly sales and lowered its outlook for the full year amid a slowdown in spending on big ticket home improvement projects.

Lowe's Reports Weak Sales, Cuts Outlook as Consumers Scale Back

Lowe's (LOW) came out with quarterly earnings of $4.10 per share, beating the Zacks Consensus Estimate of $3.96 per share. This compares to earnings of $4.56 per share a year ago.

Lowe's (LOW) Q2 Earnings Surpass Estimates

Lowe's beat second-quarter earnings expectations, but missed on sales and cut its full-year outlook. Lowe's cited "lower-than-expected DIY sales and a pressured macroeconomic environment.

Lowe's cuts full-year outlook as it expects home improvement sales to weaken

Shares of Lowe's Companies Inc. LOW, +0.85% dropped 1.3% in premarket trading Tuesday, after the home improvement retailer reported fiscal second-quarter total and comparable sales that missed expectations, citing continued pressure on bigger-ticket spending and unfavorable weather. The results come exactly one week after rival Home Depot Inc. HD, +0.28% reported better-than-expected results, and suggested home improvement demand may have bottomed.

Lowe's stock falls as sales miss expectations and outlook lowered, amid pressure on big-ticket spending

— Diluted EPS of $4.17; Adjusted Diluted EPS1 of $4.10 — — Comparable Sales Decreased 5.1% — — Updates Full Year 2024 Outlook — MOORESVILLE, N.C. , Aug. 20, 2024 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) today reported net earnings of $2.4 billion and diluted earnings per share (EPS) of $4.17 for the quarter ended Aug. 2, 2024, compared to diluted EPS of $4.56 in the second quarter of 2023.

News for Lowe's Stock (LOW)