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LOW Jan 2025 200.000 call
| Previous close | 46.72 |
| Open | 34.60 |
| Bid | 33.10 |
| Ask | 34.00 |
| Strike | 200.00 |
| Expiry date | 2025-01-17 |
| Day's range | 34.60 - 35.27 |
| Contract range | N/A |
| Volume | |
| Open interest | 477 |
- Yahoo Finance Video
Lowe's earnings: What home prices, rates mean for retailer
Home improvement retail chain Lowe's (LOW) beat earnings estimates for its first quarter, sharing revenue of $21.36 billion and gains of $3.06 per share. Lowe's saw fewer consumers roll up their sleeves and spend big on DIY home projects, but CEO Marvin Ellison isn't so worried as loyalty programs and online spending are reportedly offsetting any pull back concerns. D.A. Davidson Managing Director and Senior Research Analyst Michael Baker joins Catalysts to talk Lowe's latest figures as the retailer managed to narrow sales declines compared to previous forecasts, while also commenting on the broader retail sector. "One of the more important drivers of demand is home price appreciation and... we have seen that improve. I think now on a year-over-year basis, eight months in a row," Baker explains. "So that is a positive for sure, but there are also negatives. Turnover is way down, there are other pressures that the consumer is facing. So we have some positives, we have some negatives, it all mixes into, again, continued negative comps [comparable sales]." For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Luke Carberry Mogan.
- 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
- Yahoo Finance Video
Macy's earnings, Fedspeak: What to Watch
As the trading day draws to a close, here's what's in store for tomorrow, Tuesday, May 21. Earnings season continues with several notable companies scheduled to report their quarterly results. Among them are retailers Lowe's (LOW), Macy's (M), and Urban Outfitters (URBN), whose results will all provide valuable insights into the state of the consumer. Additionally, commentary from various Federal Reserve officials, including New York Fed President John Williams and Fed Vice Chair for Supervision Michael Barr, are expected to shed light on the central bank's outlook on monetary policy. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Angel Smith
