Home improvement retailer Lowe’s (NYSE:LOW)
will be reporting results this Wednesday before market open. Here’s what to look for.
Lowe's met analysts’ revenue expectations last quarter, reporting revenues of $20.81 billion, up 3.2% year on year. It was a mixed quarter for the company, with a decent beat of analysts’ gross margin estimates but revenue in line with analysts’ estimates.
Is Lowe's a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, the market is expecting Lowe’s revenue to grow 9.7% year on year, improving from its flat revenue in the same quarter last year.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Lowe's has missed Wall Street’s revenue estimates multiple times over the last two years.
Looking at Lowe’s peers in the home furnishing and improvement retail segment, only Floor And Decor has reported results so far. It met analysts’ revenue estimates, delivering year-on-year sales growth of 2%. The stock traded up 4.3% on the results.
Read our full analysis of
Floor And Decor’s earnings results here.
The euphoria surrounding Trump’s November win lit a fire under major indices, but potential tariffs have caused the market to do a 180 in 2025. While some of the home furnishing and improvement retail stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 2.5% on average over the last month. Lowe's is down 1.6% during the same time and is heading into earnings with an average analyst price target of $286.13 (compared to the current share price of $273.91).
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