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Shares of housing-related stocks Pool Corp. (NASDAQ: POOL), Home Depot (NYSE: HD), and Lowe's (NYSE: LOW) were falling in Tuesday's trading, down 6.9%, ... At a conference in London earlier today ...
The caution comes as Lowe's posted a mixed quarter on Wednesday before the market open. The retailer reported adjusted earnings per share of $2.28, topping above analysts expectations for $2.21.
Rival Home Depot is up 17% in 2024. Here's what Lowe's posted for its third quarter earnings, compared to Bloomberg consensus estimates: Revenue: $20.17 billion versus $19.93 billion
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Similar to Lowe's, Home Depot also took a more cautious tone on full year sales guidance. Comparable sales are set to decline between 3% and 4% for the fiscal year, worse than the 1% drop ...
Atlanta-based Home Depot posted a better-than-expected quarter amid rising interest rates and economic uncertainty. Same-store sales in the U.S. increased 4.5% year-over-year for the quarter.
(During the pandemic housing boom, total existing home sales hit a 6.12 million annualized rate.) Floor & Decor , Lowe's, and Home Depot could see a boost in business. Home Depot's stock is up 11% ...
Home Depot Inc and Lowe's Cos Inc are likely to report rising sales in the third quarter as Americans continue to spend on home improvements in contrast to other retailers facing declining ...