Lowe's outlines growth strategy, reaffirms 2024 guidance

Lowe's revealed strategies for growth at its 2024 conference, focusing on AI, new product marketplace, expanded loyalty programs, and plans for new store openings.

US importers set to accelerate shipments to record levels on tariff, strike threats

U.S. ports are experiencing record cargo traffic due to front-loading by retailers in anticipation of tariffs and a potential strike affecting shipping operations.

What do Trump 2.0 tariffs mean for US retailers?

Bernstein analysts warn US retailers, especially Dollar Tree and Target, face tariff risks due to heavy reliance on imports from China, Mexico, and Canada.

Factbox-US companies tweak diversity policies as challenges mount

Factbox-US executives weigh risks from proposed Trump tariffs

Walmart, other US companies raise concerns over proposed Trump tariffs

Corporate executives express caution over Donald Trump's proposed tariffs on imports, highlighting potential inflation impacts and strategy shifts in supply chains, particularly away from China.

Walmart, Super Micro Computer, BioNTech rise premarket; Lowe's falls

US stock futures drop amid geopolitical tensions; Walmart and Super Micro see significant stock movements following earnings reports and corporate actions.

Lowe's tops earnings, revenue estimates

Lowe's third-quarter report showed earnings of $2.89 per share, beating estimates. However, stock fell 1.8%, despite raising full-year sales guidance amid mixed demand in DIY sectors.

Morning Bid: Treasuries pop on US Secretary race, Russia warning

U.S. Treasuries rose amid speculation over Trump's Treasury Secretary pick and geopolitical tensions, while global markets faced a risk-off mood due to trade and economic concerns.

Lowe's raises annual same-store sales forecast as storm recovery boosts demand

Lowe's reported better-than-expected Q3 sales, boosted by storm recovery, but forecasts a decline in 2024 sales. The company faced challenges due to rising interest rates.