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New funding expands foundation's roster of funded partners to 52 organizations offering scalable training programs in dozens of states MOORESVILLE, N.C. , Feb. 27, 2025 /PRNewswire/ -- The Lowe's Foundation today announced nearly $9 million in Gable Grants to strengthen 15 nonprofits on the front lines of a growing skilled trades workforce movement.
Similar to themes from The Home Depot's fourth-quarter earnings reported this week, Lowe's is investing strategically in its digital and in-store offerings to enhance value and convenience for Pro customers, driving growth amid a challenging macroeconomic landscape.
The Investment Committee discuss some of their stocks that are moving today.
U.S. stocks traded mostly higher midway through trading, with the Nasdaq Composite gaining around 150 points on Wednesday.
Lowe's comparable sales for the fourth quarter rise 0.2%, showing an improvement from the 1.1% decline recorded in the preceding quarter.
Lowe's Companies Inc. (NYSE:LOW ) Q4 2024 Earnings Conference Call February 26, 2025 9:00 AM ET Company Participants Marvin Ellison - Chairman, Chief Executive Officer Joe McFarland - Executive Vice President, Stores Bill Boltz - Executive Vice President, Merchandising Brandon Sink - Executive Vice President, Chief Financial Officer Kate Pearlman - Vice President, Investor Relations Conference Call Participants Christopher Horvers - JP Morgan Simeon Gutman - Morgan Stanley Peter Benedict - Baird Kate McShane - Goldman Sachs Greg Malik - Evercore ISI Michael Lasser - UBS Zach Fadem - Wells Fargo Brian Nagel - Oppenheimer Steven Zaccone - Citi Operator Good morning everyone. Welcome to Lowe's Companies' fourth quarter 2024 earnings conference call.
The headline numbers for Lowe's (LOW) give insight into how the company performed in the quarter ended January 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Lowe's Companies (LOW 2.36%), a leading home improvement retailer, reported its fourth-quarter 2024 earnings on Feb. 26. The results reflected a robust performance despite facing challenging economic conditions.
Lowe's Companies Inc (NYSE:LOW) reported fourth quarter earnings that beat Wall Street estimates while issuing softer-than-expected guidance for 2025. The home improvement retailer reported sales of $18.55 billion, flat year-over-year but ahead of the consensus of $18.29 billion.
Jim Cramer breaks down why he's keeping an eye on shares of Lowe's.