Jowell Global Ltd
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JWEL Jowell Global Ltd
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*Nasdaq FSI: *Deficient: Issuer Failed to Meet NASDAQ Continued Listing Requirements

Consumer Discretionary : Internet & Direct Marketing Retail | Small Cap Growth
Based in China
Company profile

Jowell Global Ltd is a China-based company principally engaged in providing cosmetics, health and nutritional supplements and household products through its e-commerce platform. The Company operates under four sales channels, including online direct sales, authorized retail store distribution, third-party merchants and live streaming marketing. Its product categories include health and nutritional supplements and foods, cosmetics, skin care, body care, baby and children, washing items, fragrances, food, electronics, apparel and household products.


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-0.0097 (-1.96%)
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Lowe's stock jumps 3.9% premarket after earnings top estimates and company raises guidance

6:14 am ET November 16, 2022 (MarketWatch)

Lowe's Inc. said Wednesday it had net income of $154 million, or 25 cents a share, in the third quarter, down from $1.896 billion, or $2.73 a share, in the year-earlier period. The net income figure includes a pretax noncash asset impairment charge of $2.1 billion related to the company's Canadian retail business. Adjusted for that charge, it had EPS of $3.27, ahead of the $3.09 FactSet consensus. Sales rose to $23.5 billion from $22.9 billion a year ago, also ahead of the $23.1 billion FactSet consensus. Same-store sales rose 3%, while FactSet expected a 0.8% rise. "We delivered better-than-expected results this quarter, with U.S. comps up 3%, driven by Pro growth of 19% and improved DIY sales trends," CEO Marvin R. Ellison said in a statement. "Sales on grew 12%, on top of 25% growth last year." The company raised its full-year guidance to reflect the stronger-than-expected performance and now expects sales of about $97 billion to $98 billion and adjusted EPS of $13.65 to $13.80. The FactSet consensus is for EPS of $13.53 and sales of $96.9 billion. Shares rose 3.9% premarket but are down 19% in the year to date, while the S&P 500 has fallen 16%.

-Ciara Linnane


(END) Dow Jones Newswires

November 16, 2022 06:14 ET (11:14 GMT)

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