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Lowes Companies - LOW STOCK NEWS

Welcome to our dedicated page for Lowes Companies news (Ticker: LOW), a resource for investors and traders seeking the latest updates and insights on Lowes Companies stock.

Lowe's Companies, Inc. (LOW) is a Fortune 50 home improvement retailer providing essential products and services to DIY homeowners and professional contractors. This page serves as a comprehensive resource for investors and industry professionals tracking the company's latest developments.

Find timely updates on earnings reports, strategic partnerships, leadership announcements, and operational initiatives that shape Lowe's market position. Our curated collection includes official press releases and third-party analysis, offering multiple perspectives on the company's performance in the competitive retail sector.

Key focus areas include Lowe's omnichannel growth strategies, technology investments, and responses to evolving home improvement trends. Regular updates ensure stakeholders stay informed about capital allocation decisions, store network optimizations, and innovations in customer experience.

Bookmark this page for streamlined access to Lowe's corporate communications and market-moving developments. Check back regularly for new content that supports informed analysis of the company's financial health and industry leadership.

Rhea-AI Summary
Lowe's Foundation partners with SkillsUSA to celebrate 'Trades Stars' from the Toolbelt Generation on SkillsUSA National Signing Day. The foundation awards $1 million to SkillsUSA and organizes blue carpet events at select Lowe's stores nationwide on May 7 to inspire Gen Z to join the skilled trades movement. SkillsUSA National Signing Day will honor students committing to skilled trades jobs, apprenticeships, or further education, with over 500,000 students from 4,700 schools across the country having graduated since 2019.
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Lowe's partners with Lionel Messi, Inter Miami CF, and CONMEBOL Copa América 2024 USA™ to engage soccer fans. Messi joins Lowe's Home Team, offering perks to loyalty customers.
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DoorDash (DASH) partners with Lowe's (LOW) to offer on-demand delivery from over 1,700 stores nationwide, marking DoorDash's entry into the home improvement category. Consumers can now purchase Lowe's products directly on the DoorDash app, with participating stores available on DashPass for reduced fees. The partnership aims to meet customer needs for quick access to DIY tools and materials for projects of all sizes.
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Lowe's Companies, Inc. (LOW) announces a quarterly cash dividend of $1.10 per share, payable on May 8, 2024, to shareholders of record as of April 24, 2024.
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Lowe's introduces a new rewards program and SpringFest savings event to help consumers save on outdoor projects. The program offers exclusive deals, workshops, and benefits for MyLowe's Rewards members, along with a wide range of savings on appliances, paints, gardening essentials, and more.
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The Lowe's Foundation has selected 10 community-based nonprofits as Gable Grants recipients to enhance skilled trades training programs. The foundation aims to train 50,000 tradespeople through a $50 million commitment, addressing the high demand for skilled trades workers across various sectors.
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RELEX Solutions and Accenture collaborate with Lowe's Companies, Inc. to enhance seasonal inventory planning using AI-driven technology. The partnership aims to optimize inventory levels and improve customer satisfaction in the home improvement retail sector.
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Lowe's Companies, Inc. reported net earnings of $1.0 billion and diluted EPS of $1.77 for Q4 2023. Comparable sales decreased by 6.2%, with total sales at $18.6 billion. The company repurchased shares worth $404 million and paid $633 million in dividends in Q4. Lowe's outlook for FY 2024 includes total sales of $84 to $85 billion, with a projected diluted EPS of $12.00 to $12.30.
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Lowe's Companies, Inc. (LOW) will hold its Fourth Quarter & Fiscal 2023 Earnings Conference Call on Feb. 27, 2024, at 9 a.m. EST. Investors can access the webcast on the Lowe's Investor Relations website. A webcast replay will be available until Feb. 27, 2025.
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Professional Football Player Chase Brown, Lowe's, and Rebuilding Together revitalized the Valley View neighborhood in Las Vegas with essential home repairs and community improvements. The event, Kickoff to Rebuild, engaged nearly 200 volunteers and repaired 176 homes, investing $6 million in communities in need.
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Lowes Companies

NYSE:LOW

LOW Rankings

LOW Stock Data

122.58B
558.96M
0.11%
77.96%
1.31%
Home Improvement Retail
Retail-lumber & Other Building Materials Dealers
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United States
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