Categories AlphaGraphs, Earnings, Retail
LOW Earnings: All you need to know about Lowe’s Q4 2023 earnings results
Lowe’s Companies, Inc. (NYSE: LOW) reported fourth quarter 2023 earnings results today.
Total sales were $18.6 billion compared to $22.4 billion in the same period last year. Comparable sales decreased 6.2%.
Net earnings were $1 billion, or $1.77 per share, compared to $957 million, or $1.58 per share, last year.
Revenue and earnings beat expectations, sending the stock up over 1% in premarket hours on Tuesday.
For the full year of 2024, the company expects total sales of $84-85 billion and EPS of approx. $12.00-12.30. Comparable sales are expected to be down 2-3% versus last year.
Prior performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Trxade Health Inc. (NASDAQ: MEDS) Q1 2024 Research Summary
Trxade Health, Inc. (NASDAQ: MEDS) is a drug procurement and delivery platform that digitalizes the retail pharmacy experience. The company has a growing network of suppliers and partnerships with independent
Earnings Preview: Walmart (WMT) expected to report sales and profit gains in Q1
Over the years, Walmart Inc. (NYSE: WMT) has constantly diversified while maintaining its dominance in the retail world. The company is preparing to report financial results for the first three
What to look for when Take-Two Interactive Software (TTWO) reports Q4 2024 earnings results
Shares of Take-Two Interactive Software, Inc. (NASDAQ: TTWO) stayed red on Thursday. The stock has dropped 14% over the past three months. The gaming company is scheduled to report its
