Lowe's

Wall Street Strategies provided color on Home Depot (NYSE: HD) in a research report published today. In the report, Wall Street Strategies stressed that it continues to see Home Depot as a much more competitive company compared to its smaller rival Lowe's. Wall Street Strategies states, "The fear...

Lowe's Companies, Inc. (NYSE: LOW) hosted an analyst day, which Deutsche Bank believes presented two key takeaways. “First, we believe LOW is targeting a lower sales, but higher margin, outlook relative to previous long-term guidance, with gross margin opportunities on several,” Deutsche Bank...

Goldman Sachs said that it still sees excellent risk/reward in Lowe's Companies, Inc.'s (NYSE: LOW) shares, as a stabilizing consumer backdrop suggests stable-to-improving demand; stable sector gross margins, tight cost discipline, and thoughtful capital allocation aid earnings visibility; and risk...

Goldman Sachs has published a research report on Lowe's Companies (NYSE: LOW) in anticipation of the company's analyst day. In the report, Goldman Sachs writes "We expect LOW's upcoming meeting to reinforce our investment thesis: We expect a sober view on the macro backdrop, with little enthusiasm...

Piper Jaffray has published a research report on Broadline Retail & Consumer Products, believing that now is a good time to be a consumer and that ad scans for Black Friday have shown that promotions will be higher than in 2009. In the report, Piper Jaffray writes "Price discounts appear...

According to a Piper Jaffray research report published yesterday, October home improvement sales were up 12.2% y/y and Q3 was up 9% y/y. Piper Jaffray writes, "The Oct sales results are an acceleration from Sept (revised +8.2% y/y) and Aug (revised +6.7%). Q3 represented the fifth consecutive...

Excel Trust, Inc. (NYSE: EXL), a retail focused real estate investment trust (REIT), has signed a $92.5M contract to acquire a 739,234 square foot retail shopping center (of which 597,787 is owned) in Stockton, California. Built in 2004, the center is anchored by Lowe's, Target (non-owned), Kohl's...

Lowe's Companies, Inc. (NYSE: LOW) reported a 2Q with EPS of $0.58, just above the $0.57 estimate from Goldman Sachs, and has tightened its guidance for 2010 to $1.38-1.45 from $1.37-1.47, and issued a single point S-S sales guidance at 2% vs. 4% previously. 3Q EPS are guided to $0.28-0.32 vs....