- Lowe’s adjusted EPS for the fourth quarter was $1.99, surpassing the estimate of $1.84.
- The actual EPS was $2.00, an increase from $1.77 in the previous year.
- Net sales slightly decreased by 0.3% year-over-year, totaling $18.55 billion, which was above the estimated $18.31 billion.
- Comparable sales rose by 0.2%, beating the expected decline of 1.82%.
- Gross profit increased to $6.10 billion, exceeding the estimate of $5.99 billion, marking a 1.2% year-over-year growth.
- The gross margin improved to 32.9% from 32.4% last year, surpassing the estimate of 32.8%.
- SG&A expenses decreased to 20.6% of revenue, compared to 21% last year, better than the estimate of 20.9%.
- The operating margin climbed to 9.87%, higher than last year’s 9.07% and the estimate of 9.44%.
- The total number of locations remained constant at 1,748, matching the estimate and showing a slight year-over-year increase of 0.1%.
- Retail space increased slightly to 195.0 million square feet from 194.9 million square feet last year, falling short of the estimated 196.11 million square feet.
- The company plans to provide a full-year 2025 outlook soon.
- Analyst recommendations for Lowe’s stocks include 21 buys, 15 holds, and 3 sells.
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Lowe’s Companies Inc on Smartkarma
Analyst coverage of Lowe’s Companies Inc on Smartkarma reveals insights from Baptista Research. In their report titled “Lowe’s Companies Inc.: Will Its Diversification of Sourcing & Supply Chain Strategy Be A Potential Game Changer? – Major Drivers,” the analysts highlight key points. Lowe’s reported third-quarter sales of $20.2 billion, with comparable sales down 1.1%. Despite the overall decline, the company emphasized the strength in Pro and online sales as key performance drivers. Pro sales saw an increase with high single-digit positive comps, attributed to investments in the Pro shopping experience.
A look at Lowe’s Companies Inc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 0 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 5 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores available, Lowe’s Companies Inc seems to have a promising long-term outlook. The company scores high in resilience, indicating its ability to withstand economic challenges and market fluctuations effectively. This strength suggests that Lowe’s is well-positioned to weather uncertainties and maintain stability in its operations.
Additionally, with average scores in dividend and growth, Lowe’s demonstrates potential for steady expansion and income generation. These factors, coupled with a moderate momentum score, reflect a company that is actively growing and rewarding its shareholders. Overall, Lowe’s Companies Inc, a home improvement retailer in the United States, appears to be on a positive trajectory for the future.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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