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Lowe's stock gained as much as 3.5% on Tuesday after the home improvement retailer's profits topped Wall Street expectations as growth in its professional contractor segment and online unit helped ...
Between them, the average 12-month price target is $252.15, a 10.6% increase from today’s pricing. Despite hiccups in the housing market over the last 18 months, the US still suffers from a ...
The DIY consumer makes up roughly 75% of Lowe's shopper base, compared to just 25% for Home Depot. Year to date, Lowe's stock is up 2%, lagging the S&P 500's ( ^GSPC ) 11% gain.
Lowe's began trading on the New York Stock Exchange in 1979. By 1970s, Lowe's revenue reached more than $150 million and, in 1980, to nearly $900 million. Lowe's has since grown nationally, as it was aided by the purchase of the Renton, Washington–based Eagle Hardware & Garden company in 1999.
In fiscal 2023, Lowe's spent $6.3 billion to buy back its outstanding stock. In the past two years, the share count was reduced by 14%. This means that over time, remaining investors own a bigger ...
Lowe's (LOW) closed at $212.12 in the latest trading session, marking a +1.11% move from the prior day.
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