Customers can now book a free appointment in-store to see their ideal kitchen with Lowe's new experience. On March 10, 2025, Lowe's introduced Lowe's Style Studio™ for Apple Vision Pro in five locations in Austin, Texas, and the surrounding area.
Lowe's (LOW) has recently caught the attention of many Zacks.com users. Therefore, it's important to look into what the future holds for this stock.
Home improvement companies Lowe's (NYSE: LOW) and Home Depot (NYSE: HD) have made a positive change, as shown in their Q4 2024 earnings reports. This change indicates that they are experiencing growth in their comparable stores again.
Like The Home Depot's recent fourth-quarter earnings, Lowe's is making smart investments in its digital and in-store services to provide better value and convenience for professional customers. This strategy aims to boost growth even in a tough economic environment.
A day after Home Depot announced its earnings, Lowe's Companies Inc (NYSE:LOW) reported strong results for the fourth quarter, showing growth in both revenue and profit due to better sales.
Lowe's Companies, Inc. announced a 0.2% increase in comparable sales and reported net earnings of $1.1 billion for the quarter ending January 31, 2025. The diluted earnings per share (EPS) for this quarter was $1.99, up from $1.77 in the fourth quarter of 2023. Additionally, the company provided its outlook for the full year 2025.
Investors are gaining a better understanding of the consumer and home building market as Home Depot shared its Q4 results today, while Lowe's report is expected on Wednesday, February 26.
Lowe's comparable sales increased by 0.2% in the fourth quarter, which is better than the 1.1% drop seen in the previous quarter.
Lowe's Companies Inc. (NYSE:LOW) will hold its Q4 2024 earnings conference call on February 26, 2025, at 9:00 AM ET. The call will feature key company leaders, including Marvin Ellison, the CEO, and other executives. Various analysts from major financial institutions will also participate in the discussion.
Lowe's Companies, Inc. (LOW) will announce its financial results for the fourth quarter before the market opens on Wednesday, February 26.