LOW Jan 2025 180.000 put
- Yahoo Finance Video
Lowe’s, Macy’s report, crypto surges: Yahoo Finance
A key week for the retail sector continues with reports from both Lowe’s (LOW) and Macy’s (M) this morning. Lowe’s earnings topped estimates, but sales did fall year-over-year. Macy’s earnings topped expectations but reported a decline in fiscal first-quarter sales. Crypto is jumping this morning amid renewed hopes the SEC could approve Ether ETFs. Ethereum (ETH-USD) surged the most, up nearly 20%, with Bitcoin (BTC-USD) and crypto-related stocks like Coinbase (COIN) and Robinhood (HOOD) seeing gains as well. Yahoo Finance trending tickers include Palo Alto Networks (PANW), Hims & Hers (HIMS), and Trump Media & Technology Group (DJT). Key guests include:9 a.m. ET - Liz Ann Sonders, Charles Schwab Chief Investment Strategist9:45 a.m. ET - Andrew Page, Amer Sports CFO10:30 a.m. ET - Kate Shindle, Actors Equity Union President11:30 a.m. ET - Charlie Morrison, Salad and Go CEO
- Investor's Business Daily
S&P 500: Lowe's Earnings Fall 17% As Same-Store Sales Skid For Sixth Consecutive Quarter
Lowe's reported earnings early Tuesday, with same-store sales falling again. Shares are up in 4% in 2024.
- Barrons.com
Lowe’s Earnings and Sales Beat Estimates. The Stock Is Rising.
Same-store sales decline 4.1% year over year, narrower than the 5.5% drop expected by analysts. The retailer also sticks to its full-year guidance.
