by Mike Duff | May 21, 2025 | Retail Articles
Although sales and earnings slipped in the first quarter, Lowe’s Cos. topped a Wall Street estimate and reaffirmed its guidance, saying it was in a good position to deal with tariffs and associated economic challenges. The company posted net earnings of $1.64 billion,...
by Mike Duff | Feb 26, 2025 | Retail Articles
Lowe’s Cos. beat Wall Street estimates in the fourth quarter as it continues to push its “Total Home” strategy with particular emphasis on advancing omnichannel capabilities. Net earnings were $1.13 billion, or $1.99 per diluted share, versus $1.02...
by Mike Duff | Dec 12, 2024 | Retail Articles
In anticipation of its 2024 analyst and investor conference, Lowes Cos. shared its growth and productivity initiatives for the year ahead emphasizing e-commerce development, service to the professional community, more stores merchandised for rural consumers and the...
by Mike Duff | Nov 19, 2024 | Retail Articles
Lowe’s Cos. earnings and comparable store sales for its third quarter slipped as demand in big ticket do-it-yourself sales remained soft, but the company still managed to top Wall Street estimates. Net earnings were $1.7 billion, or $2.99 per diluted share, versus...
by Mike Duff | Aug 20, 2024 | Retail Articles
Citing a challenging do-it-yourself market facing macroeconomic headwinds, Lowe’s Cos. beat a second-quarter earnings forecast despite a decline in comparable sales during the period. Net earnings were $2.38 billion, or $4.17 per diluted share, versus $2.67 billion,...