Lowe's Companies

Lowe’s stock hit a new 52-week low of $199.39 after the shares fell sharply over the past year. The second quarter slightly beat operational expectations, supported by an IEEPA duty refund of $80 million, while comparable-store sales grew by only 0.2%. Lowe’s cut its 2026 comparable-store sales forecast to flat, prompting several banks to lower their price targets. » Más en de.investing.com

Lowe's reported fiscal Q2 results with essentially flat same-store sales (+0.2%) and management blamed macro pressures reducing DIY demand, while pro contractor sales were strong. Management now expects flat comps for the full year, down from a prior 0–2% guidance. The company raised its quarterly dividend to $1.25 (2.3% yield) and the stock's P/E has fallen to about 18, improving valuation despite year-to-date underperformance. » Más en finance.yahoo.com

Lowe's reported Q2 adjusted EPS of $4.40 (beat) and total sales of $25.96bn, but organic comparable sales rose just 0.2% vs. an expected 0.8%. Management lowered full-year sales guidance to $92bn and now expects comparable sales to be roughly flat. Strength in Pro, online sales and home services supported results, but soft DIY spending and weaker housing activity, including exposure at Foundation Building Materials and Artisan Design Group, limit upside. The company is defending profitability, yet meaningful sales momentum depends on a recovery in housing turnover and larger discretionary projects. » Más en finance.yahoo.com