Lowe’s (NYSE: LOW) uptrend can continue because the company reaffirmed its 2025 and capital return outlooks. The first includes tepid results but steady business, with strengths in the professional and online businesses offsetting spotty weakness in the consumer. The second includes reduced share buybacks relative to the prior years, positive cash flow, debt reduction, and a shrinking shareholder deficit.
The shareholder deficit is a critical factor, related to debt and aggressive share repurchases in prior years, and it fell nearly 10% in the last year.
