Lowe’s Cos. this week offered its outlook for the 2022 fiscal year. Total sales of $94 billion to $97 billion are expected. A 53rd week in the year is expected to increase total sales by approximately $1 to $1.5 billion. The company is anticipating either flat comp sales or a decline of up to three percent. Diluted earnings per share are estimated in the range of $12.25 to $13.
Lowe’s Cos. releases 2022 outlook
Most Recent
Most Read
National Hardware Show kicks off in Las Vegas
Tue, March 18th, 2025
Canada leans on quality in softwood war
Tue, March 18th, 2025
HBC’s future remains uncertain
Tue, March 18th, 2025
HR Advisor looks at hiring, job ads
Tue, March 18th, 2025
Kent Building Supplies adds “Made in Canada” icon to digital price labels
Mon, March 17th, 2025
Home resales fall amid tariff uncertainty
Mon, March 17th, 2025
Construction spending rises in January
Mon, March 17th, 2025
Housing starts slow in February
Mon, March 17th, 2025
Rockin’ RONA dealer’s band tears it up on stage
Mon, March 17th, 2025
Home Hardware names supply chain, merchandising head
Fri, March 14th, 2025