Lowe's Companies delivered a mixed set of results in the fourth quarter. The company's comparable sales fell by 1.5% overall and by 0.7% in the U.S. alone as it missed out on meeting the revenue expectations of Wall Street Appliance sales increased across Pro and DIY as they expanded their market share in this crucial sector. Lowe's new instant savings feature, which makes it much simpler and quicker for customers to take advantage of manufacturer-backed discounts, helped to boost growth. The co ....

04 Mar 2023
Lowe's Companies, Inc.: Collaboration With Klein Tools & Other Drivers, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (03/23)

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Lowe's Companies, Inc.: Collaboration With Klein Tools & Other Drivers, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (03/23)
- Published:
04 Mar 2023 -
Author:
Ishan Majumdar -
Pages:
26 -
Lowe's Companies delivered a mixed set of results in the fourth quarter. The company's comparable sales fell by 1.5% overall and by 0.7% in the U.S. alone as it missed out on meeting the revenue expectations of Wall Street Appliance sales increased across Pro and DIY as they expanded their market share in this crucial sector. Lowe's new instant savings feature, which makes it much simpler and quicker for customers to take advantage of manufacturer-backed discounts, helped to boost growth. The co ....