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home / news releases / FND - Is Lowe's Stock A Good Long-Term Investment? Why Recent Correction Is A Buying Opportunity


FND - Is Lowe's Stock A Good Long-Term Investment? Why Recent Correction Is A Buying Opportunity

  • In the recent quarter, comp sales decreased 4% due to the delayed spring selling season and tougher comparison from Q1 2021.
  • Despite a drop in comp sales, the PRO category grew 20%, and the operating margin improved by 67 basis points.
  • Given the initiatives to gain market share in the PRO category and improve operational efficiencies, the company's long-term prospects look good.

For further details see:

Is Lowe's Stock A Good Long-Term Investment? Why Recent Correction Is A Buying Opportunity
Stock Information

Company Name: Floor & Decor Holdings Inc.
Stock Symbol: FND
Market: NYSE
Website: flooranddecor.com

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