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Most major U.S. corporations still have diversity, equity and inclusion (DEI) programs, but the list of companies of late that have rolled back the so-called "woke" initiatives continues to grow.
Home Depot has a TTM P/E ratio of 23.7 as of March 2024, per Companies Market Cap, while Lowe’s is trading at roughly the same — a fraction of a cent lower. Edge: Neither Dividend Yield
The image was digitally edited to change the text. Spokespeople for both Lowe's and CNBC say it is a fabrication.
Home improvement chain Lowe’s is scaling back its diversity, equity and inclusion policies, joining the ranks of several other companies that altered their programs since the U.S. Supreme Court ...
Lowe's reversal shows a conservative push against queer rights that began with Target and Bud Light in previous years continues apace, and has helped clarify that the campaign against "woke" is ...
Data source: Company earnings reports. For fiscal 2024, Home Depot expects its comps to dip by 2.5%, while Lowe's is guiding for a steeper decline of 3% to 3.5%.
These two dividend stocks are a great value, especially relative to the S&P 500.
The caution comes as Lowe's posted a mixed quarter on Wednesday before the market open. The retailer reported adjusted earnings per share of $2.28, topping above analysts expectations for $2.21.