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

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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Home Depot's Q1 earnings signal consumer pullbackShares of Home Depot (HD) are on the move Tuesday ater the company posted its first quarter report, revealing revenue of $36.42 billion against an expected $...
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Home Depot earnings show signs of a consumer pullbackUS shoppers under pressure are expected to spend less at Home Depot, but the home improvement retailer may make up some of the loss with professional...
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Home Depot Posts a Sixth Sales Drop Amid Housing Market WoesHome Depot Inc.’s string of negative sales extended into a sixth straight quarter as the big-box retailer struggles to overcome a weak housing market and lower demand for big-ticket items.
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