Lowe's Companies Inc.  (LOW)     Rate LOW  -  Discuss LOW  -  Add to Watch List        

Home-improvement retailer Lowe’s Cos. Inc. (LOW) reported second quarter 2008 earnings Monday morning that were off 7.9% from the prior year quarter, but still beat Wall Street’s muted expectations. As with other retailers, Lowe’s reported a difficult operating environment with the dreadful housing market taking a toll on earnings. The company also guided higher for the present fiscal year, saying that it now expects to earn $1.48 - $1.56 per share for 2008. This range is higher than the previous guidance from May which envisioned $1.45 - $1.55 per share. For the current quarter, Lowe’s exp

Filed under: Market matters, Penney (J.C.) (JCP), Sears Holdings (SHLD), Lowe's Cos (LOW), Kohl's Corp (KSS), Wachovia Corp (WB), Washington Mutual (WM), Stocks to Buy, Cramer on BloggingStocks

seeing that the lowes stock followed the Pre-RE boom and filling the empty RE houses the over all building plies, but the bulk building materials will not have the profits like they once did. I am not talking sales of lawn care & suplYes you could buy in for the holiday season as purchases may  bump up but have an outlook to decline to the pre-RE boom.

It might be good to get on this once they get close to the pre-RE boom, then if demand for new homes to be built goes up, but I don't think that demand will be as great as it once was.

However once the RE sector is fixed and the d

Linked here is a PDF copy of my analysis of Lowe's Companies, Inc. (LOW) (alt.1, alt.2). Below are some highlights from the above linked analysis:

Company Description: Lowe's Companies, Inc. and its subsidiaries operate as a home improvement retailer in the United States and Canada. The company offers a range of products and services for home decoration, maintenance, repair, remodeling, and property maintenance.

Fair Value: I consider four calculations of fair value, see page 2 of the linked PDF for a detailed description:

1. Avg. High Yield Price
2. 20-Year DCF Price
3. Avg. P/E Price
4. Graham Number

Filed under: Home Depot (HD), Newsletters, Lowe's Cos (LOW), Stocks to Buy

"Which is the better buy among the leading home retailing stocks -- Home Depot (NYSE: HD) or Lowe's (NYSE: LOW)?" asks Charles Payne.

In his Wall Street Strategies, the leading advisor -- and well-known panelist for Fox Business News -- explains, "The debate on which is a better investment, Home Depot or Lowe's, is now at a crossroads following the release of 1Q08 earnings results from each firm.

"As expected, both companies reported year on year earnings decreases as slowing home remodeling spend weighed on comparable

Walked into a Lowe's the other day, and was frightened by the sheer unattractiveness of the store to a consumer.  I realized later that the store wasn't organized for consumers, but for contractors-- to find doors, shutters, fiberglass, tile, etc... 

Newsflash for those in denial:  anything related to housing is going to get utterly destroyed.  This scenario will play out similar to the internet bubble collapse of 2000-2002.  Yes, PurchasePro and Transmeta and WebVan will all go down 99%, but MSFT, CSCO, and INTC will also suffer massive stock drops close to, and more than, 75% of pe