Data-driven insights that help companies navigate the changing retail and technology landscape. LEARN MORE
Homepage Coresight 100 Lowe’s (NYSE: LOW) Fiscal 4Q18 Results: Mixed Results and In-Line Guidance, Yet Many Opportunities for Improvement in 2019
Company Earnings Update

Lowe’s (NYSE: LOW) Fiscal 4Q18 Results: Mixed Results and In-Line Guidance, Yet Many Opportunities for Improvement in 2019

#
Coresight Research
Author By Coresight Research February 28, 2019
0 likes303 views

Key Points

  • Lowe’s reported adjusted fiscal 4Q18 EPS of $0.80, up 8.1% year over year and beating the consensus estimate by a penny. Revenues were $15.65 billion, up 1.0% but below the $15.75 consensus estimate.
  • Comps were 1.7%, below the 2.1% consensus estimate. US home-improvement comps increased 2.4%. Online comps increased 11%.
  • For FY19, the company guided for 2% sales growth (slightly above the 1.8% consensus estimate), 3% comps growth and EPS of $6.00-$6.10, in line with the $6.04 consensus estimate.

Please Log In to read the full report. Not a member? Register for a free user account.

Other research you may be interested in:

×

Copyright © 2019 by CORESIGHT RESEARCH. All Rights Reserved