Lowe's Companies, Inc. and its subsidiaries operate as a home improvement retailer in the United States and Canada. The company provides a range of products and services for home decoration, maintenance, repair, remodeling, and property maintenance. It offers home improvement products in various categories, such as appliances, lumber, flooring, paint, millwork, fashion plumbing, building materials, lighting, tools, lawn and landscape products, hardware, seasonal living, cabinets and countertops, home style and organization, rough plumbing, outdoor power equipment, nursery, rough electrical,...
TheStreet.com's Jim Cramer says lower gas prices mean the numbers are too low.
People are missing this retail move. They are missing it because the market is deciding right now that the guidance companies are giving is just plain wrong given the $3.50 at the pump (although premium's a lot more expensive). They are also recognizing that the strong are surviving and thriving and taking share in a radica...
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.
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:
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
4/28 - "In the latest quarter ending Feb. 1, earnings fell to $408 million, or 28 cents per share, from $613 million, or 40 cents per share, in the year-ago period. Sales dropped to $10.38 billion from $10.41 billion. For the year, net income declined to $2.81 billion, or $1.86 per share, from $3.1 billion, or $1.99 per share. The 6% annual EPS drop was far better than the 15% drop at Home Depot...When one considers what has happened to housing, these results are actually oustanding."
"I would not be surprised at all to see a nice bump from the upcoming "stimulus checks" being issue this w...
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
Retailers are not reporting very strong results currently, just ask Lowe's (LOW). The company lowered guidance materially, and said that too many uncertainties exist to call the bottom. Also, Target (TGT) lowered its September same-store sales forecast. The combination pushed the retail index down to a -3.0% decline in early trading.
Homebuilder Lennar (LEN) also posted dismal results, posting a net loss vs. the consensus for a gain. The company has cut its work force by 35% and anticipates futher job losses. The homebuilder index is down -2.1% currently.
Portfolio results thru 8/8/08
- Portfolio at www.updown.com - started 1/11/08
9.8% return includes dividends and commission.
Started socialpicks on 6/30. some stocks here are not in...
The Big Box Battle: Dogs or Discounts?
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Stock update and watch list 7/29/08
- Due to difficulties understanding the socialpicks system regarding changing rating from buy to hold and thus resetting the performance, I wanted to sum...
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About Lowe's Companies Inc.
- Answers.com
"Which is the better buy among the leading home retailing stocks -- 
