Lowe’s Cos. continues growth in Q1

Lowe’s Cos. reported Q1 net earnings of $2.32 billion, or $3.21 per share, up from $1.34 billion ($1.76) a year earlier and ahead of analyst estimates of $2.62 per share. Sales rose 24.1 percent to $24.42 billion, beating estimates of $23.86 billion. Same-store sales soared by 25.9 percent as DIYers flocked to the retailer for tools, paint, and building materials during lockdowns.