NYSE:LOWSpecialty Retail
How Strong Guidance And The FBM Deal At Lowe's (LOW) Has Changed Its Investment Story
Lowe's recently reported a strong quarter, with revenues rising 3.2% year on year, full-year revenue guidance topping expectations, and continued positive comparable sales, alongside closing its acquisition of Foundation Building Materials (FBM) to deepen its presence with professional customers.
This combination of better-than-expected guidance and a completed deal targeting the Pro contractor segment highlights Lowe's focus on expanding higher-value, more resilient revenue streams.
Now...