Home improvement retailer Lowe’s recently released its sales and earnings results for the fourth quarter and the full year, indicating a strong end to 2016. Lowe’s reported that comparable sales were up 5.1 percent in Q4, while overall sales grew a full 19 percent to...
Results for the third quarter at Lowe’s, the home improvement retailer, missed expectations. The company said Wednesday that net income came to $0.88 a share, below the $0.96 a share analysts were expecting, while a year ago the company earned $0.80 on the bottom line. Sales...
August 23, 2018
Lowe’s announced its second quarter earnings and sales, beating out analysts’ expectations. The home improvement retailer reported net income of $1.52 billion ($1.86 a share) for the quarter ending August 3, compared with $1.42 billion ($1.68 per share) the previous year. With the exclusion of one-time items, Lowe’s earned $2.07 a share — 5 cents […]