Walmart, Lowe’s Raise Alarm on Trump Tariffs. What Their Warning Means for Markets and 5 Other Things to Know Today.
Retailers post earnings beats, Bitcoin price hits record, Microsoft conference shows AI progress has slowed, and other news to start your day.
Lowe's runs 'scenarios' around proposed Trump tariffs
It's still early, but this retailer is running scenarios of how President-elect Trump's potential tariffs could impact business.
Trump's tariffs could raise prices at Walmart, other US stores
Another one of Donald Trump's strategies is raising tariffs on imported goods. Now we are hearing that stores like Walmart might be forced to raise prices because of these tariffs.
Walmart, Other US Companies Raise Concerns Over Proposed Trump Tariffs
Numerous major U.S. corporations addressed tariffs at recent investor events and on conference calls, including some after the Nov. 5 election, when Trump edged out sitting Vice President Kamala Harris.
Walmart exec warns customers Trump’s tariffs could mean higher prices
Our model is everyday low prices,” CFO John David Rainey said. “But there probably will be cases where prices will go up for consumers.”
Walmart says prices will 'probably' go up if Trump tariffs take effect
Walmart is the latest company to signal price hikes may be on the way if Donald Trump makes good on his tariffs promise.
Walmart will likely raise some prices if Trump tariffs take effect, CFO says
National Retail Federation CEO Matthew Shay described across-the-board tariffs as “a tax on American families.”
Lowe’s Buy Rating: Strong Financial Outlook and Strategic Growth Initiatives Bolster Confidence
J.P. Morgan analyst Christopher Horvers maintained a Buy rating on Lowe’s (LOW – Research Report) yesterday and set a price target of ...
Lowe’s expecting to end this year with higher sales amid hurricane impacts
The company is expecting to end 2024 with sales between $83 billion and $83.5 billion. This is higher than the previous ...
Here's What's Driving Lowe's Stock Lower Today
W ith nothing more than a quick glance at last quarter's core numbers, shares of Lowe's (NYSE: LOW) should be higher today.
Stabilization and Strength in Lowe’s Q3’24 Performance Support Buy Rating
Analyst Simeon Gutman from Morgan Stanley maintained a Buy rating on Lowe’s (LOW – Research Report) and keeping the price target at ...
Lowe's beats its quarterly estimates, but negative sales outlook draws focus
Shares of Lowe's are up 20% year to date, compared to the S&P 500's 24% gain, according to Yahoo Finance Data. Rival Home ...
Lowe's Beats on Q3 EPS, Raises Outlook
Lowe's reported mixed earnings for Q3, with revenue slightly surpassing expectations but noting challenges in DIY sales.
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Homeless woman arrested following incident at Hopewell Lowe’s
Ashley D. Ward, who is listed as homeless, was arrested around 7:56 p.m. after an investigation by authorities. Ward faces ...
Lowe's Raises Annual Same-Store Sales Forecast on Storm Recovery Spending Boost
(Reuters) -Home improvement retailer Lowe's Cos forecast a slower-than-expected drop in annual comparable sales on Tuesday as ...
Lowe's Black Friday sale is live — I found the 23 best deals on appliances, home decor and more from $5
Lowe's Black Friday deals are dropping now. This retailer has already launched its Black Friday Buildup sale, which is a ...
Best Lowe’s Coupons Right Now: Save Up To 50%
These are the best Lowe's coupons you can use right now to help kick-start (or finish) your next home project.
Lowe’s Stock Falls After Earnings. It’s ‘Too Early to Call an Inflection Point.’
Lowe’s shares were falling Tuesday as the company’s quarterly earnings report failed to reassure investors that the ...