Company Of The Day: Lowe’s
What?
Lowe’s (NYSE:LOW) Q4 FY’21 results beat expectations, with the company also providing stronger than anticipated guidance for FY’22. The company expects revenues of between $97 billion to $99 billion in FY’22, with EPS expected to range from $13.10 to $13.60.
Why?
Growth is being driven by the strength of the home improvement space and the company’s market share gains.
So What?
Lowe’s stock was up marginally in Wednesday’s trading, compared to the broader S&P 500, which declined almost 2%.
See Our Complete Analysis For Lowe’s
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Returns | Feb 2022 MTD [1] |
2022 YTD [1] |
2017-22 Total [2] |
LOW Return | -9% | -17% | 202% |
S&P 500 Return | -6% | -11% | 89% |
Trefis MS Portfolio Return | -5% | -14% | 239% |
[1] Month-to-date and year-to-date as of 2/24/2022
[2] Cumulative total returns since the end of 2016