Lowe’s Cos. reported a Q2 profit of $4.67 per share thanks to a decrease in costs, exceeding estimates of $4.58 per share. Total revenues of $27.48 billion fell just shy of the projected $28.12 billion. Comp sales slipped unexpectedly by 0.3 percent.
Lowe’s posts stable results
Most Recent
Most Read
Canadian Tire reverses Q3 loss
Thu, November 07th, 2024
Register today for WRLA Showcase
Thu, November 07th, 2024
Western Forest Products posts Q3 loss
Thu, November 07th, 2024
In memoriam: Rick Royce
Thu, November 07th, 2024
Throwback Thursday: Ten years ago, Hardlines Conference focused on “retail as experience”
Thu, November 07th, 2024
Bernie Marcus, co-founder of The Home Depot, dies at 95
Wed, November 06th, 2024
Liteline appoints regional sales manager
Wed, November 06th, 2024
AD provides member update
Wed, November 06th, 2024
Koelnmesse expands into the Middle East
Wed, November 06th, 2024
BMR expands in the Maritimes
Tue, November 05th, 2024