LOW Earnings Prediction
The chart below shows how LOW performed 10 days before and after its earnings report, based on data from the past quarters. Typically, LOW sees a -1.19% change in stock price 10 days leading up to the earnings, and a +0.42% change 10 days following the report. On the earnings day itself, the stock moves by +0.10%. This data can give you a slight idea of what to expect for the next quarter's release.
LOW Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
18.60B
-17.12%
-9.13%
Gross Margin
30.02%
-1.44%
-4.82%
Operating Margin
8.65%
13.97%
-34.32%
Net Margin
5.48%
28.34%
-36.72%
EPS
1.77
12.03%
-42.35%
No Data Available
LOW Earnings Analysis
Lowe's Companies Inc Corporation (LOW.N) Earnings Conference Call
Positive
Sales Performance Overview: In Q4, Lowe's delivered sales of $18.6 billion and positive comparable sales of 0.2%.
Sales and Earnings Performance: For the full fiscal year 2024, Lowe's achieved sales of $83 billion, an adjusted operating margin of 12.3%, and adjusted earnings per share of $11.99.
Pro Customer Momentum: Lowe's saw high single-digit comps in pro for the second consecutive quarter, indicating strong momentum with pro customers.
Online Sales Surge: Online sales grew by 9.5% in Q4, with record-breaking sales during Black Friday and Cyber Monday, showcasing the effectiveness of their online strategy.
Pro Rewards Program Launch: Lowe's launched the MyLowe's Pro Rewards program, tailored for small to medium pros, enhancing engagement and loyalty among professional customers.
Digital Experience Leadership: The Lowe's mobile app was rated as the overall digital experience leader in U.S. retail mobile apps by Forrester, highlighting their commitment to digital innovation.
AI Home Improvement Advisor: Lowe's plans to launch an AI-powered home improvement virtual advisor, enhancing customer experience and providing tailored product recommendations.
Community Support Initiative: The company donated $2 million for wildfire relief efforts in California, demonstrating their commitment to community support.
Frontline Associate Bonuses: Lowe's awarded $80 million in year-end discretionary bonuses to frontline associates, reflecting appreciation for their hard work and dedication.
Free Cash Flow and Returns: Lowe's generated $7.7 billion in free cash flow in 2024 and returned $6.5 billion to shareholders through dividends and share repurchases.
Negative
Cautious Consumer Spending Trends: Despite achieving positive comparable sales of 0.2% in Q4, the company is experiencing a cautious consumer environment leading to continued pressure on DIY discretionary spending, particularly for larger ticket projects.
Decline in Customer Transactions: The company reported a decline in comparable transactions by 1.3%, indicating a decrease in customer footfall and spending, especially in larger ticket interior projects.
Comp Sales Volatility: Monthly comp sales showed volatility, with a decline of 2.5% in November and 2.2% in January, suggesting inconsistent consumer demand and potential challenges in maintaining sales momentum.
Home Improvement Market Outlook: The forecast for 2025 indicates a flat home improvement market, with expectations of continued pressure on larger discretionary spending due to elevated mortgage rates and uncertainty in existing home sales.
Challenging Sales Outlook: The company anticipates first quarter comp sales to be approximately 200 basis points below the bottom end of their full-year guidance, indicating a challenging start to the year.
Operating Margin Outlook: Operating margin rate for the first quarter is expected to be approximately 50 basis points below the bottom end of the full-year guidance, driven by lower sales volume and increased operating costs.
