Report
Jaime Katz
EUR 101.80 For Business Accounts Only

Benefits of Operational Changes to Lowe’s Business a Show-Me Story; Shares Fairly Valued

Wide-moat Lowe’s fourth-quarter top-line results were solid, with same-store sales of 4% holding overall sales declines to just 1.8%, as the firm lapped a 13-week quarter in the year-ago period (like-for-like sales would have risen 4%). However, Lowe’s couldn’t escape operating margin compression of 130 basis points, to 7.1%, hurt mostly by its ability to take price and a one-time cash bonus payout stemming from tax reform. The management team utilized the call to tout its new, six-pronged strat...
Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Jaime Katz

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