Lowes

Lowes, Home Depot and Scotts Miracle-Gro

For Immediate Release

Chicago, IL – June 26, 2020 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Lowes Companies, Inc. LOW, The Home Depot Inc. HD and The Scotts Miracle-Gro Co. SMG.

Here are highlights from Thursday’s Analyst Blog:

Coronavirus Feeds Home Improvement Trends: 3 Stocks to Count On

The COVID-19-induced shelter-at-home orders fueled the need for home improvement by housebound Americans, thereby driving demand for the said industry.

The home improvement space includes Décor and indoor garden, Painting and wallpaper, Tools and hardware, Building materials, Lighting et al.  Apart from essentials, retailers in this industry are witnessing solid demand for gardening and other in-house activity-related products.

Although states are reopening and people are reporting back to work, the emergence

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Moderna Stabilizes in Premarket, Lowe’s Soars on Strong Q1

By Geoffrey Smith 

Investing.com — Stocks in focus in premarket trade on Wednesday. Please refresh for updates.

Moderna (NASDAQ:MRNA) stock was down 0.7%, paring earlier losses, after the healthcare news site Stat warned that the company still needs to provide much more data before it can be confident that its experimental Covid-19 drug will work. Moderna placed nearly $1.4 billion in new stock at $76 apiece on Tuesday, with underwriter Morgan Stanley (NYSE:MS) also having a $200 million greenshoe option. Lowe’s Companies (NYSE:LOW) stock rose 5.7% after its quarterly numbers showed U.S. consumers leaning heavily on the home improvement store during lockdowns.  Earnings per share were nearly one-third above consensus at Enforced leisure time at home appears to have called the bluff of husbands who have been swearing for years that they’ll “get around to doing that some day soon.” Target (NYSE:TGT) stock rose 1.4% after it, too, reported strong

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Lowe’s is the latest retailer requiring workers to wear masks during coronavirus

Lowe’s Home Improvement joins a growing list of retailers requiring its workers to wear masks amid the novel coronavirus crisis.

Lowe’s announced Monday it immediately will require all associates to wear a face mask or approved face covering while working in a store or at a customer’s home. Masks and gloves will be made available to workers, the Mooresville.-based company said in a press release.

The company also will “continue to evaluate and adjust our operations to meet the evolving guidelines from the CDC and local officials around customer and associate safety,” said Marvin Ellison, Lowe’s CEO and president.

Masks or face coverings are not required by North Carolina or Mecklenburg County government officials.

The Centers for Disease Control and Prevention recommends wearing cloth face coverings in public settings, along with following social distancing measure, to slow the spread of the virus and help people who may have the virus

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Are Lowe’s registers down? Outages and ‘technical issues’ reported at home improvement chain resolved

After technical issues were reported at some Lowe’s stores across the country, the home improvement chain confirmed to USA TODAY that systems were operating normally Saturday evening.

The retailer acknowledged “unexpected and unforeseen technical issues” Saturday in a tweet when it responded to a shopper who said his store was “shut down because their bank can’t process all the transactions” and was accepting only cash.

In another tweet Saturday, Lowe’s apologized “for any inconvenience experienced while the systems were down.”

@Ja_Carey483 from Michigan tweeted to the retailer “you all need to get a better computer system, so the whole country doesn’t have to pay cash.”

How much is gas? Prices continue to drop during coronavirus. Here’s where gas sells for less than $1.

Face masks required for Walmart workers: Walmart to require all employees wear face masks starting Monday as part of coronavirus response

Another Twitter user reported long lines

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