Previous close | 7.95 |
Open | 8.00 |
Bid | 0.00 |
Ask | 0.00 |
Strike | 260.00 |
Expiry date | 2025-01-17 |
Day's range | 7.95 - 8.10 |
Contract range | N/A |
Volume | |
Open interest | 1.54k |
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
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.
Lowe's Companies, Inc. (NYSE: LOW) today reported net earnings of $1.8 billion and diluted earnings per share (EPS) of $3.06 for the quarter ended May 3, 2024, compared to diluted EPS of $3.77 in the first quarter of 2023, which included a gain associated with the 2022 sale of the Canadian retail business. Excluding this gain, first quarter 2023 adjusted diluted EPS1 was $3.67.