Lowes Companies

Lowe’s Companies Inc. (LOW) (Q3FY24) – Pullback in DIY demand to affect the sales

Highlights of the report

Lowes has formed a strategic partnership with the Toro Company to expand its brand portfolio. Toro’s products add to the company’s already strong lineup of outdoor power equipment, appealing to both Pro and DIY customers. LOW plans to introduce Toro products before the upcoming spring season, aiming to strengthen its position as the top retailer for outdoor power equipment.

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Lowe’s Companies, Inc., together with its subsidiaries, operates as a home improvement retailer in the United States. 

In Q3FY24, net sales declined by 13% to $20.47bn, compared to $23.48bn in Q3FY23. The decrease in
total sales was primarily driven by a comparable sales decline of 7.4% over the same period, consisting of a 6.9% decline in comparable customer transactions and a 0.5% decline in comparable average ticket

Lowes stock gave returns of 14.7% and 3.9% in the period of three months and one year. The stock has a 52-week high of $237.21 and a 52-week low of $181.85. The stock gave returns of 26.5% and CAGR of 8.1% over a period of three years. The stock had a 200-Day Moving Average of $213.21 and a 50-Day Moving Average of $216.10.

Highlights

Valuation

– Enterprise Value
– CrispIdea Forecast
– Economic Value Added Analysis
– Discounted Cash Flow Analysis
– P/E Analysis
– Peer Valuation
– CrispIdea Forecast Relative to Consensus
– Consensus History and Surprise
– Consensus Momentum

Actual & Historical Performance

– Income Statement
– Balance Sheet
– Cash Flow
– 10 Year Historical Performance
– Ratio Analysis
– Du Pont Analysis
– ROIC & ROCE Analysis
– Segment Performance
– Key Metrics
– M&A Deals

Peer Performance

– Summary
– Profitability
– Growth
– Price Performance

Ownership

Stock Price Performance

Crispidea Coverage

Report details

Lowe’s Companies Inc. (LOW) (Q3FY24) – Pullback in DIY demand to affect the sales

Price

$320.00

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