3 Must-Know Facts About Lowe's Before You Buy the Stock
LOWLowe's(LOW) 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 ...