by Mike Duff | Aug 22, 2023 | Home + Housewares
Lowe’s chief Marvin Ellison, in reporting a second-quarter earnings beat for the retailer while revenues fell a bit short of expectations, said the outlook for the home improvement market is improving. Net earnings were $2.67 billion, or $4.56 per diluted share,...
by Mike Duff | May 23, 2023 | Retail Articles
Tough spring weather and weaker lumber prices contributed to a mixed quarter at Lowe’s Cos., yet one in which the company managed to exceed Wall Street expectations. Net earnings were $2.26 billion, or $3.77 per diluted share, versus $2.33 billion, or $3.51 per...
by Mike Duff | Apr 11, 2023 | Retail Articles
Lowe’s Cos. has appointed Juliette Pryor as executive vice president, chief legal officer and corporate secretary. She joins Lowe’s from Albertsons, where she served as executive vice president, general counsel and corporate secretary, the company noted. Pryor...
by Mike Duff | Mar 1, 2023 | Retail Articles
Lowe’s posted mixed results in the fourth quarter, with earnings above but revenues coming in short of Wall Street expectations, and the company announced it was boosting employee compensation. Net earnings were $957 million, or $1.58 per diluted share, versus $1.21...
by Mike Duff | Dec 12, 2022 | Retail Articles
The National Retail Federation announced Lowe’s Chairman and CEO Marvin Ellison will receive The Visionary award as part of the eighth annual NRF Foundation Honors on January 15, 2023, in New York. Presented annually to an outstanding retail industry leader, The...
