Earnings Update: Lowe's Companies, Inc. (NYSE:LOW) Just Reported Its First-Quarter Results And Analysts Are Updating Their Forecasts
May 23
U.S. Specialty Stores Industry Analysis
UpdatedMay 23, 2024
DataAggregated Company Financials
Companies141
- 7D-3.6%
- 3M-0.7%
- 1Y19.1%
- YTD2.1%
Over the last 7 days, the Specialty Stores industry has dropped 3.6%, driven by Home Depot declining 5.2%. Over the past 12 months, the industry was up 19%. Earnings are forecast to grow by 13% annually.
Industry Valuation and Performance
Has the U.S. Specialty Stores Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 23 May 2024 | US$437.2b | US$551.9b | US$17.1b | 15.3x | 25.5x | 0.8x |
| Sat, 20 Apr 2024 | US$414.4b | US$552.4b | US$17.2b | 15.4x | 24.1x | 0.8x |
| Mon, 18 Mar 2024 | US$449.1b | US$546.5b | US$16.5b | 14.8x | 27.3x | 0.8x |
| Wed, 14 Feb 2024 | US$432.5b | US$555.2b | US$15.8b | 14.7x | 27.4x | 0.8x |
| Fri, 12 Jan 2024 | US$427.4b | US$574.4b | US$16.1b | 13.7x | 26.5x | 0.7x |
| Sun, 10 Dec 2023 | US$409.2b | US$574.7b | US$16.1b | 13.1x | 25.4x | 0.7x |
| Tue, 07 Nov 2023 | US$386.6b | US$574.6b | US$17.9b | 12.7x | 21.6x | 0.7x |
| Thu, 05 Oct 2023 | US$380.0b | US$566.5b | US$18.4b | 11.6x | 20.7x | 0.7x |
| Sat, 02 Sep 2023 | US$417.2b | US$571.8b | US$17.9b | 11.9x | 23.3x | 0.7x |
| Mon, 31 Jul 2023 | US$428.1b | US$574.7b | US$17.9b | 10.7x | 24x | 0.7x |
| Wed, 28 Jun 2023 | US$414.4b | US$572.6b | US$18.3b | 10.1x | 22.6x | 0.7x |
| Fri, 26 May 2023 | US$388.5b | US$575.7b | US$18.3b | 9.9x | 21.2x | 0.7x |
| Sun, 23 Apr 2023 | US$406.2b | US$574.8b | US$20.0b | 10.5x | 20.3x | 0.7x |
| Tue, 21 Mar 2023 | US$394.3b | US$575.6b | US$19.9b | 10.4x | 19.8x | 0.7x |
| Thu, 16 Feb 2023 | US$412.2b | US$543.4b | US$23.6b | 9.9x | 17.5x | 0.8x |
| Sat, 14 Jan 2023 | US$394.1b | US$539.0b | US$23.4b | 9.2x | 16.8x | 0.7x |
| Mon, 12 Dec 2022 | US$378.7b | US$541.0b | US$23.5b | 8.8x | 16.1x | 0.7x |
| Wed, 09 Nov 2022 | US$345.7b | US$544.6b | US$24.3b | 7x | 14.2x | 0.6x |
| Fri, 07 Oct 2022 | US$335.4b | US$552.2b | US$23.2b | 6.4x | 14.5x | 0.6x |
| Sun, 04 Sep 2022 | US$347.5b | US$545.7b | US$23.4b | 6.7x | 14.8x | 0.6x |
| Tue, 02 Aug 2022 | US$349.6b | US$531.3b | US$26.9b | 6.4x | 13x | 0.7x |
| Thu, 30 Jun 2022 | US$320.0b | US$533.1b | US$26.2b | 6.1x | 12.2x | 0.6x |
| Sat, 28 May 2022 | US$363.8b | US$531.2b | US$26.0b | 7.1x | 14x | 0.7x |
| Mon, 25 Apr 2022 | US$380.8b | US$522.9b | US$26.8b | 6.9x | 14.2x | 0.7x |
| Wed, 23 Mar 2022 | US$423.6b | US$529.7b | US$26.6b | 8.2x | 15.9x | 0.8x |
| Fri, 18 Feb 2022 | US$432.7b | US$524.5b | US$25.6b | 8.5x | 16.9x | 0.8x |
| Sun, 16 Jan 2022 | US$460.3b | US$517.6b | US$25.1b | 8.6x | 18.3x | 0.9x |
| Tue, 14 Dec 2021 | US$508.5b | US$514.8b | US$25.2b | 9.2x | 20.1x | 1x |
| Thu, 11 Nov 2021 | US$558.5b | US$503.8b | US$25.1b | 10.9x | 22.2x | 1.1x |
| Sat, 09 Oct 2021 | US$505.9b | US$491.1b | US$24.6b | 9.7x | 20.5x | 1x |
| Mon, 06 Sep 2021 | US$506.2b | US$493.3b | US$24.7b | 10.2x | 20.5x | 1x |
| Wed, 04 Aug 2021 | US$489.3b | US$484.3b | US$23.5b | 10.8x | 20.8x | 1x |
Price to Earnings Ratio
29.8x
Current Industry PE
- Investors are optimistic on the American Specialty Retail industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 25.5x which is higher than its 3-year average PE of 20.1x.
- The industry is trading close to its 3-year average PS ratio of 0.79x.
Past Earnings Growth
- The earnings for companies in the Specialty Retail industry have grown 2.1% per year over the last three years.
- Revenues for these companies have grown 8.5% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the U.S. Consumer Discretionary industry?
| US Market | -0.19% | |
| Consumer Discretionary | -1.24% | |
| Specialty Stores | -3.65% | |
| Apparel Retail | 0.10% | |
| Specialty Stores | -2.62% | |
| Automotive Retail | -3.76% | |
| Home Improvement Retail | -5.97% | |
| Home Furnishing Retail | -11.84% | |
| Computer and Electronics Retail | -22.04% | |
Industry PE
- Investors are most optimistic about the Home Improvement Retail industry which is trading above its 3-year average PE ratio of 70.7x.
- Analysts are expecting annual earnings growth of 17.9%, which is higher than its past year's earnings decline of 24.9% per year.
- Investors are most pessimistic about the Automotive Retail industry, which is trading close to its 3-year average of 14.2x.
Forecasted Growth
- Analysts are most optimistic on the Computer and Electronics Retail industry, expecting annual earnings growth of 36% over the next 5 years.
- This is better than its past earnings decline of 12% per year.
- In contrast, the Home Furnishing Retail industry is expected to see its earnings grow by 8.3% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| TJX TJX Companies | US$101.12 | 2.7% +US$3.0b | 31.6% | PE25.6x | |
| TSCO Tractor Supply | US$282.76 | 2.4% +US$706.2m | 32.2% | PE27.2x | |
| ANF Abercrombie & Fitch | US$141.88 | 3.1% +US$214.6m | 370.4% | PE22.1x | |
| WRBY Warby Parker | US$16.86 | 7.3% +US$135.5m | 49.5% | PS2.9x | |
| WOOF Petco Health and Wellness Company | US$2.88 | 10.3% +US$72.8m | -65.4% | PS0.1x |
