2:21 pm ET May 25, 2018 (MarketWatch)
By Tonya Garcia, MarketWatch
Analysts and Pershing Square's Bill Ackman are bullish about Lowe's new CEO, Marvin Ellison
Lowe's Cos. Inc. needs to do a better job of showing how it's different from Home Depot Inc. if it wants to move out of its competitor's shadow and grow, analysts say.
Lowe's (LOW) lags behind in the home repair space because it's an "impulse destination" rather than one used for planning home improvement projects like Home Depot, according to GlobalData Retail.
"That means that when demand drops because of the weather, Lowe's falls off the radar and suffers a disproportionate decline in footfall and sales," wrote Neil Saunders, managing director of GlobalData Retail.
Both Lowe's and Home Depot (HD) cited the wintry weather as a reason for lackluster results.
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Long term as I stated before, there is no need for 2 big box retailers like this as fewer people are able to buy or repair a home today or even qualify for a mortgage, vs. to what was going on 25 years ago forward when 1st wave baby boomers were starting to retire, and had the last bastion of wealth generated as a whole due to when our country was a industrial/manufacturing powerhouse and 80% middle class... Today we have become a consumption and high credit society of low grade foreign retail supplied products at best... Home Depot & Lowes sell the same damn products made by the same people, just a little branding difference to seem separate, but not. Same with all lawn equipment and such.
Recent LOW News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/04/2024 08:18:27 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/04/2024 08:16:20 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 10/03/2024 09:19:11 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/03/2024 09:05:19 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 10/03/2024 12:16:51 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/02/2024 08:30:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/02/2024 08:28:48 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/02/2024 08:27:34 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/02/2024 08:26:32 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/02/2024 08:25:28 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/02/2024 08:24:28 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 10/02/2024 08:14:03 PM
- LOWE'S ANNOUNCES 2024 VENDOR PARTNERS OF THE YEAR • PR Newswire (US) • 10/01/2024 01:44:00 PM
- Lowe's Pledges $2 Million to Support Hurricane Helene Relief Efforts • PR Newswire (US) • 09/30/2024 01:15:00 PM
- THE BIGGEST MEMBER DEALS OF THE YEAR • PR Newswire (US) • 09/26/2024 12:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/17/2024 08:51:24 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/17/2024 08:49:46 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/16/2024 08:41:18 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/12/2024 09:33:49 PM
- Lowe's Returns as Official Home Improvement Partner of NFL for 2024-25 Season • PR Newswire (US) • 09/03/2024 12:00:00 PM
- LOWE'S COMPANIES, INC. DECLARES CASH DIVIDEND • PR Newswire (US) • 08/30/2024 08:30:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/29/2024 08:32:21 PM
- LOWE'S TO PARTICIPATE IN GOLDMAN SACHS 31ST ANNUAL GLOBAL RETAILING CONFERENCE • PR Newswire (US) • 08/29/2024 01:00:00 PM
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