Categories Earnings, Other Industries

What to look for when Lowe’s Companies reports Q2 earnings

Lowe’s Companies (NYSE: LOW) is scheduled to report its earnings results for the second quarter on Wednesday before the market opens. The results will be hurt by the convergence of cost pressure, a significant transition in merchandising organization, and ineffective legacy pricing tools and processes.

The company’s products revenue will be benefited by the in-store and online merchandise purchases, while services revenue will be driven by the professional installation services made through subcontractors. The majority of revenue for goods and services will be recognized in the quarter following revenue deferral.

The company’s future success depends on its ability to adapt the business concept to respond to customers’ changing shopping habits and demands as the home improvement retail environment is rapidly evolving. The results will be impacted by the failure to identify changing trends, business concept adaptation, implement change, growth and productivity initiatives.

What to look for when Lowe's Companies reports Q2 earnings
Photo Courtesy: Lowe’s Companies

The company has relied on the public debt markets to fund portions of its capital investments and the commercial paper market and bank credit facilities to fund its working capital needs. The company’s credit strength depends on liquidity and access to capital that relies on efficient, rational and open capital markets.

Analysts expect the company’s earnings to fall by 3.40% to $2.00 per share while revenue will rise by 0.30% to $20.96 billion for the second quarter. In comparison, during the previous year quarter, Lowe’s posted a profit of $2.07 per share on revenue of $20.89 billion. The company has surprised investors by beating analysts’ expectations thrice in the past four quarters.

Read: Analog Devices Q3 earnings preview

For the first quarter, Lowe’s reported a 2% increase in earnings helped by a tax benefit arising from its sale of the assets of Mexico retail operations. Total sales rose by 2.2% and comparable sales grew by 3.5%. Comparable sales for the US home improvement business increased by 4.2%.

For fiscal 2019, the company expects total sales growth of about 2% and comparable sales to increase by about 3%. The earnings are predicted to be in the range of $5.54 to $5.74 per share and adjusted earnings are anticipated to be in the range of $5.45 to $5.65 per share.

Get access to timely and accurate verbatim transcripts that are published within hours of the event.

Most Popular

Intensity Therapeutics is establishing a new field of localized cancer reduction: CEO

Intensity Therapeutics, Inc. (NASDAQ: INTS) is a clinical biotechnology company engaged in the discovery development, and commercialization of first-in-class cancer drugs that attenuate tumors with minimal side effects while training

INTU Earnings: Intuit Q1 2025 adj. profit rises on higher revenues

Financial technology company Intuit Inc. (NASDAQ: INTU) Thursday announced results for the first quarter of 2025, reporting a modest increase in adjusted earnings. The Mountain View-headquartered company’s first-quarter revenue came

Riding the AI wave, Nvidia looks set to stay on the high-growth path

After delivering strong results for the third quarter, Nvidia Corporation (NASDAQ: NVDA) this week said the launch of its new-generation Blackwell chip is on track. The company is thriving on

Comments

  1. Pingback: Leandro Farland
  2. Pingback: Lincoln Georgis
  3. Pingback: MILF Porn
  4. Pingback: Lila Lovely BBW
  5. Pingback: domains
  6. Pingback: Write my essay
  7. Pingback: valentine gift
  8. Pingback: valentines gift
  9. Pingback: foot lotion
  10. Pingback: Click Here
  11. Pingback: Click Here
  12. Pingback: Click Here
  13. Pingback: Click Here
  14. Pingback: Click Here
  15. Pingback: Click Here
  16. Pingback: Click Here
  17. Pingback: Click Here
  18. Pingback: Click Here
  19. Pingback: Click Here
  20. Pingback: Click Here
  21. Pingback: Click Here
  22. Pingback: Click Here
  23. Pingback: Click Here
  24. Pingback: Click Here
  25. Pingback: Click Here
  26. Pingback: moveit studio
  27. Pingback: Space ROS
  28. Pingback: Click Here
  29. Pingback: Click Here
  30. Pingback: Click Here
  31. Pingback: Click Here
  32. Pingback: Click Here
  33. Pingback: Click Here
  34. Pingback: Click Here
  35. Pingback: Click Here
  36. Pingback: Click Here
  37. Pingback: Click Here
  38. Pingback: Click Here
  39. Pingback: Click Here
  40. Pingback: Click Here
  41. Pingback: Click Here
  42. Pingback: Click Here
  43. Pingback: Click Here
  44. Pingback: Click Here
  45. Pingback: Click Here
  46. Pingback: Click Here
  47. Pingback: Click Here
  48. Pingback: Click Here
  49. Pingback: Click Here
  50. Pingback: Click Here
  51. Pingback: Click Here
  52. Pingback: Click Here
  53. Pingback: Click Here
  54. Pingback: Click Here
  55. Pingback: Click Here
  56. Pingback: Click Here
  57. Pingback: Click Here
  58. Pingback: Refer and Earn
  59. Pingback: Click Here
  60. Pingback: Click Here
  61. Pingback: Click Here
  62. Pingback: Click Here
  63. Pingback: Click Here
  64. Pingback: Click Here
  65. Pingback: Click Here
  66. Pingback: Click Here
  67. Pingback: Click Here
  68. Pingback: Google reviews
  69. Pingback: Aussie porn
  70. Pingback: 2023 Books
  71. Pingback: birth records
  72. Pingback: find people
  73. Pingback: dead people
  74. Pingback: census records
  75. Pingback: IRA Empire
  76. Pingback: Political Theory
  77. Pingback: Future University
  78. Pingback: DENTAL HOSPITAL
  79. Pingback: Cosmetic Dentistry
  80. Pingback: System Analysts
  81. Pingback: fue
  82. Pingback: Academic Appeals
  83. Pingback: CPC 2023
  84. Pingback: rotary torso
  85. Pingback: Fiverr Earn
  86. Pingback: Fiverr Earn
  87. Pingback: Fiverr Earn
  88. Pingback: fiverrearn.com
  89. Pingback: endopump
  90. Pingback: flatbed broker
  91. Pingback: clima para mañana
  92. Pingback: fiverrearn.com
  93. Pingback: fiverrearn.com
  94. Pingback: fiverrearn.com
  95. Pingback: french bulldog
  96. Pingback: blockchain
  97. Pingback: future university
  98. Pingback: future university
  99. Pingback: bulldogs puppy
  100. Pingback: Fiverr.Com
  101. Pingback: Fiverr.Com
  102. Pingback: Fiverr
  103. Pingback: Lean
  104. Pingback: FUE
  105. Pingback: FUE
  106. Pingback: FUE
  107. Pingback: FiverrEarn
  108. Pingback: Fiverr
  109. Pingback: Coach
  110. Pingback: partners
  111. Pingback: endopump reviews
  112. Pingback: Football
  113. Pingback: FiverrEarn
  114. Pingback: live sex cams
  115. Pingback: FiverrEarn
  116. Pingback: FiverrEarn
  117. Pingback: FiverrEarn
  118. Pingback: FiverrEarn
  119. Pingback: FiverrEarn
  120. Pingback: FiverrEarn
  121. Pingback: FiverrEarn
  122. Pingback: FiverrEarn
  123. Pingback: FiverrEarn
  124. Pingback: FiverrEarn
  125. Pingback: FiverrEarn
  126. Pingback: serialebi qaerulad
  127. Pingback: Milking
  128. Pingback: gifts
  129. Pingback: email
  130. Pingback: FiverrEarn
  131. Pingback: cheap sex cams
  132. Pingback: fullersears.com
  133. Pingback: live sex cams
  134. Pingback: live sex cams
  135. Pingback: freeze dried
  136. Pingback: frt trigger
  137. Pingback: Creditos fiscales
  138. Pingback: 늑대닷컴
  139. Pingback: Uang asli
  140. Pingback: nangs near me
  141. Pingback: superslot
  142. Pingback: allgame
  143. Pingback: 918kiss
  144. Pingback: หวย24
  145. Pingback: Face Moisturizer
  146. Pingback: pg slot
  147. Pingback: Raahe Guide
  148. Pingback: game slot
  149. Pingback: weight loss
  150. Pingback: SaaS Attorney
  151. Pingback: itme.xyz
  152. Pingback: itme.xyz
  153. Pingback: Bokeo Thailand

Comments are closed.

Tags

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top