Conf call redux: Turning Schenker into DSV
Managing expectations
After looking at domestic rival Home Depot, today’s the turn of DIY specialist Lowe’s, another major America importer by sea on the transpacific eastbound.
In a call with analysts that yesterday followed the release of fiscal Q1 25 numbers – that were broadly in line with expectations for earnings and revenues, while Lowe’s confirmed guidance (just as Home Depot did) – management reassured investors that business is progressing according to plan.
Inventory, supply chain and tariffs were all on the agenda – ...
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