by Mike Duff | May 19, 2022 | Retail Articles
In the first quarter, Lowe’s Cos. saw its comparable sales turn down in the consumer business but gain substantially on a two-year basis. The company posted net earnings of $2.33 billion, or $3.51 per diluted share, versus $2.32 billion, or $3.21 per diluted...
by Mike Duff | Apr 11, 2022 | Retail Articles
Lowe’s Cos. announced the appointment of Brandon Sink as executive vice president and CFO. Sink has been Lowe’s senior vice president, retail finance. He joined Lowe’s in 2010, the company noted, and has held various roles across the company,...
by Mike Duff | Feb 28, 2022 | Retail Articles
To meet the needs of a new generation of do-it-yourselfers, Lowe’s has unveiled DIY-U by Lowe’s, an initiative that will bring live, on-demand and home improvement skill-building into a modern and personalized era, the company announced. Inspired by the...
by Mike Duff | Feb 23, 2022 | Retail Articles
As part of a Wall Street beat, Lowe’s sales and earnings topped analyst estimates as the company continues developing its own-brand and fulfillment strategies, among others. For the quarter, Lowe’s posted net earnings of $1.21 billion, or $1.78 per diluted share,...
by Mike Duff | Feb 3, 2022 | Retail Articles
As it takes a more whole-home approach to business, Lowe’s is launching Origin21, a new, exclusive home decor brand designed as an approachable, value-added modern collection that will arrive as part of the company’s House of Style campaign. Lowe’s House of...