_lowe39s-q1-2024-earnings-beat-expectations-despite-cooling-housing-market.jpg "Lowe's Q1 2024 Earnings Beat Expectations Despite Cooling Housing Market from www bangladeshi company মà Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:32
👁 View: 240K times
✓ Published: 22-May-2024
👁 View: 240K times
✓ Published: 22-May-2024
Description:
Lowe's reported first-quarter 2024 earnings that beat analysts' expectations for both earnings per share and revenue. The company said do-it-yourself customers purchased fewer expensive items, though gains with professional customers and online sales partially offset the trend. Like rival Home Depot, Lowe's is facing pressure from a cooling housing market and inflation, which is impacting discretionary spending. Despite the challenges, Lowe's stock is up nearly 3% year-to-date compared to an 11% gain for the S&P 500 index.
Lowe's reported first-quarter 2024 earnings that beat analysts' expectations for both earnings per share and revenue. The company said do-it-yourself customers purchased fewer expensive items, though gains with professional customers and online sales partially offset the trend. Like rival Home Depot, Lowe's is facing pressure from a cooling housing market and inflation, which is impacting discretionary spending. Despite the challenges, Lowe's stock is up nearly 3% year-to-date compared to an 11% gain for the S&P 500 index.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_inside-nba-star-chris-pauls-portfolio.webp "Having made over $300 million, the superstar athlete is approaching two decades in the NBA and, moving forward, Paul aspires to own a WNBA franchise, and at least 61 shares of energy company Chevron. Paul joined Forbes senior writer Jabari Young at the Nasdaq MarketSite to dive inside his portfolio.<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
_live-breaking.webp "Open the Eyes")
⏲ 26 minutes 40 seconds 👁 23.5K
_mp-anwar-news-today-somoy-tv-live-news-today-bd-live.webp "jamuna Fish BD")
⏲ 27 minutes 50 seconds 👁 2K
_epa-issues-national-drinking-water-warning.webp "EPA Issues , National Drinking Water Warning.<br/>On May 20, the Environmental Protection Agency (EPA) issued a countrywide alert urging water utilities to take immediate action to safeguard drinking water from cyberattacks. .<br/>On May 20, the Environmental Protection Agency (EPA) issued a countrywide alert urging water utilities to take immediate action to safeguard drinking water from cyberattacks. .<br/>The agency said that recent inspections indicate that 70% of water systems in America don't comply with the Safe Drinking Water Act, 'Newsweek' reports. .<br/>Some water utility systems have \")
_real-estate-in-bangladesh.webp "Bioscope Entertainment")
⏲ 6 minutes 1 second 👁 19K
_the-damned-movie-trailer.webp "THE DAMNED Movie Trailer - Discover the Official Trailer of THE DAMNED, the new film by acclaimed director Roberto Minervini, presented on Thursday, May 16th 2024 at the Cannes Film Festival.<br/><br/>Synopsis: Winter 1862. In the midst of the Civil War, the US Army sends a company of volunteer soldiers to the western territories, with the task of patrolling the unchartered borderlands. As their mission ultimately changes course, the meaning behind their engagement begins to elude them")
_39-124-news-124-ekattor-tv.webp "Ekattor TV")
⏲ 2 minutes 44 seconds 👁 13K
_124-mossad-agent-124-ekattor-tv.webp "Ekattor TV")
⏲ 3 minutes 31 seconds 👁 245.9K
_inside-nba-star-chris-pauls-portfolio.jpg)
_live-breaking.jpg)
_mp-anwar-news-today-somoy-tv-live-news-today-bd-live.jpg)
_epa-issues-national-drinking-water-warning.jpg)
_real-estate-in-bangladesh.jpg)
_the-damned-movie-trailer.jpg)
_39-124-news-124-ekattor-tv.jpg)
_124-mossad-agent-124-ekattor-tv.jpg)
![[+]](/images/menu.gif){kind=small}