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Lowe's to Participate in Virtual Fireside Chat Hosted by Oppenheimer & Co. Inc.
Prnewswire· 2024-06-20 04:30
MOORESVILLE, N.C., June 19, 2024 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) announces that Marvin R. Ellison, chairman and chief executive officer, and Brandon J. Sink, chief financial officer, will participate in a virtual fireside chat hosted by Oppenheimer & Co. Inc. What: Marvin Ellison and Brandon Sink to participate in virtual fireside chat hosted by Brian Nagel from Oppenheimer & Co. Inc. When: 9:00 a.m. ET on Wednesday, June 26, 2024 Visit Lowe's Investor Relations for the video webcast at i ...
Thurgood Marshall College Fund to honor Lowe's CEO Marvin Ellison at inaugural CEO Impact Award Breakfast
GlobeNewswire News Room· 2024-06-11 22:31
Washington, DC, June 11, 2024 (GLOBE NEWSWIRE) -- On Thursday, June 13, the Thurgood Marshall College Fund (TMCF) will honor Lowe’s chairman and CEO Marvin Ellison with the TMCF CEO Impact Award. Ellison will be recognized during the inaugural CEO Impact fundraising breakfast at 8:30 a.m. at the Lowe’s Tech Hub in Charlotte, North Carolina. TMCF is proud to recognize Ellison for his dedication to championing investments in initiatives to support Historically Black Colleges and Universities (HBCUs). Lowe’s h ...
Lowe's Promotes Jennifer Wilson to Chief Marketing Officer
Prnewswire· 2024-06-11 20:00
MOORESVILLE, N.C., June 11, 2024 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) today announced the promotion of Jennifer Wilson to senior vice president, chief marketing officer, effective June 10, 2024. Jennifer Wilson In her expanded role, Wilson will oversee strategic brand and product marketing, loyalty and personalization, promotional planning, creative, media and Lowe's retail media network. As CMO, she will also build out a new customer experience integration organization designed to deliver end ...
3 Dividend Stocks That Are Coiled Springs for a Rebound in the Housing Market
The Motley Fool· 2024-06-10 17:03
Many companies directly or indirectly benefit from strong consumer spending on housing and home improvement. There are plenty of direct ways to invest in the housing market, such as homebuilders or residential construction companies. On the other hand, home improvement companies like Home Depot or Lowe's (LOW -0.81%) -- or a paint supplier like Sherwin-Williams -- indirectly benefit from strong consumer spending. Luxury homebuilder Toll Brothers (TOL -1.43%) is a direct way to play a supply/demand balance i ...
The Dividend Divas: 3 Stocks That Will Make Your Portfolio Sing
Investor Place· 2024-06-07 18:37
文章核心观点 - 当前股市上涨,股息股是一种良好的投资方式,因为它们是全天候投资[1] - 分析师预测标普500指数将在2024年末达到4700-4900点,主要受益于联储的经济扩张,但目前指数已超过5350点,这一预测更像是一个基准[2] - 即使不确定股市正面动力是否会持续,投资三只具有双位数上涨空间的"股息貵族"股票也是不错的选择[3] 目标(TGT) - 目标公司将于6月10日支付第227次股息,年收益率为2.99%,高于消费品行业平均水平,且支付比率为42%,具有可持续性[4] - 但消费者支出疲软导致第一财季每股收益2.03美元,低于华尔街预期的2.06美元,公司仍然维持了指引[5] - 客户到店和网上销售均下降1.9%,但数字销售增长1.4%,公司通过打折促销等措施来吸引客户[6] - 公司还通过店内活动和合作推广等方式来提高品牌知名度[7] - 2024年目标公司计划翻新2000家现有门店,新开300家门店,并推出新的会员计划[8] 老百姓(LOW) - 老百姓连续52年增加股息,最新每股股息为1.15美元,收益率为2.1%,高于消费品行业平均水平,分析师预计其股价有16%的上涨空间[10][11] - 第一季度销售和利润超出华尔街预期,但同比仍有下降,因消费者在厨房装修、园艺用品和烧烤用品等方面的支出有所减少[12] - 公司通过专注于商业客户和在线销售来弥补DIY项目支出下降的影响[13] - 公司新增了Shipt、DoorDash和Instacart的同日送货服务,以及与苹果合作推出沉浸式厨房设计体验[14][15] PPG工业(PPG) - PPG工业连续52年增加股息,第二季度营收创新高,全年业绩指引也有所提升,毛利率同比提升330个基点[16] - 公司正在对其美加建筑涂料业务进行战略评估,并计划投资3亿美元改善生产能力[16][17] - 公司将继续赞助Tasca赛车队,以提高品牌知名度,吸引了如TD资产管理等机构投资者的关注[18][19]
Lowe's Pioneers a New Era of In-Store Kitchen Design with Apple Vision Pro
Prnewswire· 2024-06-03 20:25
Pilot in select stores offers customers a chance to bring their dream kitchen to life with Lowe's Style Studio™ CHARLOTTE, N.C., June 3, 2024 /PRNewswire/ -- Lowe's is the first home improvement retailer to offer customers an in-store, Apple Vision Pro-powered experience, with a pilot set to launch in three test markets this month. Customers can try Lowe's Style Studio™ for Apple Vision Pro firsthand, allowing them to visualize and design their dream kitchens using spatial computing and the help of a Lowe's ...
Lowe's Companies, Inc. ANNOUNCES 5% INCREASE TO QUARTERLY CASH DIVIDEND
Prnewswire· 2024-05-31 21:00
MOORESVILLE, N.C., May 31, 2024 /PRNewswire/ -- The board of directors of Lowe's Companies, Inc. (NYSE: LOW) has declared a quarterly cash dividend of one dollar and 15 cents ($1.15) per share, payable Aug. 7, 2024, to shareholders of record as of July 24, 2024. This represents a 5% increase over the company's previous dividend of one dollar and 10 cents ($1.10) per share. "While I am pleased with our continued progress toward becoming a world-class omnichannel retailer, as we transform the customer and ass ...
Lowe's(LOW) - 2025 Q1 - Quarterly Report
2024-05-31 04:25
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended May 3, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission File Number 1-7898 LOWE’S COMPANIES, INC. (Exact name of registrant as specified in its charter) North Carolina 56-0578072 (State or ...
Is Trending Stock Lowe's Companies, Inc. (LOW) a Buy Now?
zacks.com· 2024-05-29 22:06
Lowe's (LOW) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Over the past month, shares of this home improvement retailer have returned -5.5%, compared to the Zacks S&P 500 composite's +4.3% change. During this period, the Zacks Building Products - Retail industry, which Lowe's falls in, has lost 3.7%. The key question now is: What could be the stock's future direction? Although medi ...
3 Must-Know Facts About Lowe's Before You Buy the Stock
fool.com· 2024-05-29 17:45
This huge retailer might be on your investing radar right now. Lowe's (LOW 0.07%) just reported revenue and earnings for its fiscal 2024 first quarter (ended May 3) that exceeded Wall Street estimates. However, shares were down about 6% two days following that announcement. Investors clearly weren't pleased. This top retail stock recently traded 17% below its peak price. It might be a good business to take a closer look at adding to your portfolio. But before doing so, learn these three must-know facts abou ...