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Lowe's Q1 earnings preview: Slower housing market, poor weather expected to hit results

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Home Depot ニュース

Lowe's Home Improvement Store,Earnings Per Share,Joe Feldman

Home Depot earnings showed Wall Street with what to expect from Lowe's.

On Tuesday morning, the home improvement retailer is expected to post a 5.46% drop in revenue to $21.13 billion. Same store sales are estimated to drop 5.64% year over year, higher than the 4.3% decline seen in Q1 2023.

Michael Burry and John Paulson hit the jackpot when they called the housing crash. Now they're betting on gold. STOCK ALERT U.S. stocks are poised to open higher on Monday, ahead of the release of the Federal Reserve’s May meeting minutes, more retail earnings, and fresh housing data. On Sunday, at 6:15 p.m. Eastern time, Dow Jones Industrial Average futures were up 36 points, or 0.TORONTO — Five things to watch for in the Canadian business world in the coming week: Inflation Statistics Canada will release its consumer price index for April on Tuesday.

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