Lowe's Q3: Earnings: Revenue And EPS Beat But Comp Sales Fall Amid Softness In Bigger-Ticket DIY Discretionary Demand
Lowe's Q3: Earnings: Revenue And EPS Beat But Comp Sales Fall Amid Softness In Bigger-Ticket DIY Discretionary Demand
Comparable sales for the quarter decreased 1.1%, driven by continued softness in DIY bigger-ticket discretionary demand, partly offset by storm-related sales and positive comparable sales in Pro and online.Lowe's Companies, Inc. (NYSE:LOW) shares are trading lower in the premarket session on Tuesday.
勞氏公司（NYSE:LOW）股票在週二盤前交易中下跌。
The company reported third-quarter adjusted earnings per share of $2.89 beating the street view of $2.82.
公司報告第三季度調整後每股收益爲2.89美元，超過了2.82美元的街頭預期。
Quarterly sales of $20.170 billion outpaced the analyst consensus estimate of $19.424 billion.
季度銷售額爲201.7億美元，超過了分析師一致預測的194.24億美元。
Comparable sales for the quarter decreased 1.1%, driven by continued softness in DIY bigger-ticket discretionary demand, partly offset by storm-related sales and positive comparable sales in Pro and online.
同店銷售額下降了1.1%，主要受持續低迷的DIY大件離散性需求影響，部分抵消了與風暴相關的銷售和Pro和在線銷售的正同店銷售增長。
Gross margin in the quarter under review remained relatively flat year over year to 33.69%. Quarterly operating income totaled $2.536 billion compared with $2.696 billion a year ago.
在審查的季度中，毛利率相對於去年持平，爲33.69%。季度營業利潤總額爲25.36億美元，而去年爲26.96億美元。
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During the third quarter, the company recognized a $54 million pre-tax gain associated with the 2022 sale of the Canadian retail business. This positively impacted third-quarter diluted EPS by 10 cents.
在第三季度，該公司確認了與2022年出售加拿大零售業務相關的5400萬美元稅前收益。這對第三季度攤薄後每股收益有10美分的積極影響。
"Next month at our Analyst and Investor Conference, I look forward to discussing our new growth and productivity initiatives, which underscore our confidence that we are well-positioned to capitalize on the expected recovery in home improvement," said Marvin R. Ellison, Lowe's chairman, president and CEO.
「下個月在我們的分析師和投資者會議上，我期待討論我們的新增長和生產力計劃，這強調了我們的信心，我們已做好準備利用預期中的住宅改善復甦，」勞氏董事長、總裁兼首席執行官Marvin R. Ellison說。
As of Nov. 1, Lowe's operated 1,747 stores representing 195.0 million square feet of retail selling space.
截至11月1日，勞氏經營着1,747家店鋪，總計零售銷售面積達19500萬平方英尺。
Guidance: Lowe's has revised its fiscal year 2024 outlook for its adjusted earnings per share (EPS) guidance from a range of $11.70 – $11.90 to a range of $11.80 – $11.90, compared with the consensus estimate of $11.85.
指引：勞氏已經調整了其2024財年的每股調整後收益（EPS）指引，從11.70美元至11.90美元的區間調整至11.80美元至11.90美元的區間，與市場一致預估的11.85美元相比。
Additionally, the company raised its sales forecast from a range of $82.70 billion – $83.20 billion to a new range of $83.00 billion – $83.50 billion, compared with the consensus estimate of $83.05 billion.
此外，公司將其銷售預測從827億美元至832億美元的區間提高至新的830億美元至835億美元區間，與市場一致預估的830.5億美元相比。
For FY24, Comparable sales is expected to be -3.0 to -3.5%, as compared to prior year (previous view -3.5% to -4.0%).
對於2024財年，可比銷售預計爲-3.0至-3.5%，與上一年相比（先前預估-3.5%至-4.0%）。
Adjusted operating income as a percentage of sales (adjusted operating margin) of 12.3% to 12.4% (previously 12.4% to 12.5%).
銷售中調整後營業利潤率（調整後營業利潤率）爲12.3%至12.4%（之前爲12.4%至12.5%）。
Price Action: LOW shares are trading lower by 1.02% to $269.00 premarket at last check Tuesday.
股價表現：勞氏股票交易價格下跌1.02%，報269.00美元，週二最後一次查詢爲盤前交易。
Photo via Wikimedia Commons
照片通過Wikimedia Commons
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譯文內容由第三人軟體翻譯。
