One of the best quarters in over a decade !!! Stock up 12% ........ guess all the change is working.
23 replies (most recent on top)
It’s the smoke and the mirrors that working . When yo give out 5 million in gift cards that’s not Selling that’s propping up the stock .
Love the haters on this site. lol. So sad
Lowe’s is the Swiss cheese of the home improvement industry. Holes abound.
Marvin is filling those holes with bull SHlT !!
Here's my prediction: Lowes will continue to trend at about 50% of Home Depot stock until Wall street gets wise that Marvin is full of c-ap and the house of cards will crumble along with the stock price. Marv will get no closer to Home Depots stock price than I am to Pluto.
Down 12% in 1 day a couple of month's ago. Wow, what a wash.
Magical accounting practices. Last term we didn’t know cost increases effect profit. This quarter we know everything he did was perfect. Peckerheads.
I’m sure they’re really upset you’re not putting your money in Lowe’s stock. They won’t be able to sleep at night.
Well, first, thank you corporate Lowe’s for coming on to post here with all of us. We appreciate that. Secondly, I’m glad that Lowe’s had good quarterly results. If they can keep it going, it’s good news.
However, I’m still extremely skeptical about the direction that this company is going in. Lowe’s shouldn’t mistake one good quarter for real progress. Thats like the climate change deniers mistaking the weather for the climate. One cold day does not mean climate change isn’t real any more than one good quarter means the company is headed in the right direction. We need to see more before we make an informed decision on that.
Personally, all these decisions and changes I’ve seen in the last few months seem more aimed at bumping up their short term profitability and stock price rather than creating a real, long term strategy for the company. And until I see real evidence of that coherent strategy for Lowe’s, I’m still keeping my money out of its stock.
Market Summary > Home Depot Inc
NYSE: HD
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Yeah, big deal and Depot is up over 17.00 the past three days. Lowes is a s—er's bet, go run out and buy more share's and lose your butt later. I heard Lowes is one of a number of companies in danger of going bankrupt, your savior Marvin is only there for the ride and fill his pockets.
Damn, Marvin has been a busy boy! Lowe’s stock is selling at close to $108.00/share. If Marv keeps it up I might have enough to retire on!
As for only being able to buy 25% do what I do and open your own account, granted you can’t buy it at a discount but you can still share in the big boy wealth while you work like a slave to make millionaires billionaires.
It’s actually back to where it was back in May before the Sh– hit the fan.
Totally artificial results. Same store comps a total of 2.3% with 85% of stores being at 3.2%. This is below industry by 30bps. Get ready for a potential of 15% of stores closing in next 12 months. You heard it hear first.
It s—s for those that lost their jobs. S—s for those who got added tasks. The first quarter the reports said beware. Now they say Lowe’s is a good buy. 3.2 percent comp is a good thing. In the perfect setup stocks could get to $185 ish. Most likely they won’t but I would bet at least to $135. Go Marvin!
Hardy Har Har, I don't think they are getting new customers to make up the difference in the thousands of people who got their job eliminated. I myself will never spend one nickel at any Lowes ever again, and I'm sure alot of other people feel the same way. As for their big shareholder's they don't spend their money at Lowes buying Chinese c-ap. They I'm sure are buying the highest quality things for their own. Ask Marvin is his home decorated and furnished using Lowes products, I doubt it.
Probably because of the salary dollars they are saving from the elimination of the hrm, lpm, fsa, and assembly. Thanks again for the elimination Marvin! 🤷🏻♂️
The gain is superficial, short term and will not be sustained.
Nothing more than cooked books!
If you Eliminate Half Of The Positions In The Stores, Then You Can Show A Short-Term Rise In Profits!!!
So far as Sales being up, Not in our District!!!
Apparently no one verifies what is reported to Wall Street for Accuracy.
Did you ever hear such a huge amount of BULL? They must of been out in full force on stock buyback's. This corporation is the WORST THAT IT'S EVER BEEN.
It was a great quarter!!! But what happens when they run out of jobs to eliminate, restructure or cut pay?
Too bad employees can only have 25% of lowes stock now,we could've shared in all the wealth the high ups are getting
Going great for everyone except the employees within the stores.....