Lowe's updated FY2018 guidance
Lowe's (NYSE:LOW) reports comparable-store sales rose 1.5% in Q3.
Comps for the U.S. home improvement business up 2%.
Gross margin rate down 157 bps to 32.5%.
SG&A expense rate +180 bps to 24.51%.
Operating margin rate squeezed 373 bps to 5.5%.
Merchandise inventory -0.2% to $12.36B.
Home improvement and hardware stores -11 Y/Y to 2,133.
The company repurchased $620M of stock under its share repurchase program and paid $390M in dividends in the third quarter.
FY2018 Guidance: Total sales: ~+4%; Comparable-store sales: ~+2.5%; Operating margin rate: ~-240 bps to -255 bps; Tax rate: ~24%; Diluted EPS: $5.08 to $5.13; New stores: ~8.
erster vorbörslicher kurs -4,4%....allerdings minivolumen
Lowe's Tops Q4 Earnings, Misses on Sales, as Canada Business Weighs
Lowe's posted stronger-than-expected fourth quarter earnings Wednesday but noted weakness in Canada's housing market would continue over the near term.
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Lowe's said earnings for the three months ending in January, the company's fiscal fourth quarter, came in at 80 cents per share, up 8.1% from last year and one penny ahead of the consensus forecast. Group revenues, Lowe's said, edged 0.68% from the same period last year to $15.6 billion and narrowly missed analysts' estimates of $15.75 billion. Same-store stales in the United States rose 1.7%, Lowe's said, missing the Refinitv forecast of around 2%.
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https://www.thestreet.com/investing/earn...yptr=yahoo
Lowe's (LOW) Q1 Earnings Miss Estimates
Lowe's (LOW) came out with quarterly earnings of $1.22 per share, missing the Zacks Consensus Estimate of $1.33 per share. This compares to earnings of $1.19 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -8.27%. A quarter ago, it was expected that this home improvement retailer would post earnings of $0.80 per share when it actually produced earnings of $0.80, delivering no surprise.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.
Lowe's, which belongs to the Zacks Building Products - Retail industry, posted revenues of $17.74 billion for the quarter ended April 2019, surpassing the Zacks Consensus Estimate by 0.62%. This compares to year-ago revenues of $17.36 billion. The company has topped consensus revenue estimates three times over the last four quarters.
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https://finance.yahoo.com/news/lowes-low...11465.html
So extrem hat LOW ja die Erwartungen gar nicht verfehlt, als dass es einen 12%-Rückgang rechtfertigen würde. Auch als Reaktion auf die geringere Forward Guidance finde ich den Tagesverlust zu krass.
Aber LOW ist eben auch krass hoch bewertet. PE von (vor Kursverlust) 35 vs. PE von 19 bei Home Depot. Da fallen solche Kursverluste natürlich krasser aus.
daraufhin starke 10% nach oben:
Lowe's (LOW) Beats Q4 Earnings Estimates
Lowe's (LOW) came out with quarterly earnings of $0.94 per share, beating the Zacks Consensus Estimate of $0.91 per share. This compares to earnings of $0.80 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 3.30%. A quarter ago, it was expected that this home improvement retailer would post earnings of $1.35 per share when it actually produced earnings of $1.41, delivering a surprise of 4.44%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
Lowe's, which belongs to the Zacks Building Products - Retail industry, posted revenues of $16.03 billion for the quarter ended January 2020, missing the Zacks Consensus Estimate by 0.74%. This compares to year-ago revenues of $15.65 billion.
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https://finance.yahoo.com/news/lowes-low...12840.html