Headwinds Push Lowe’s to Mixed Q2 Results

Headwinds Push Lowe’s to Mixed Q2 Results

The Lowe’s Cos. beat a Wall Street earnings estimate even as revenue came in lower than anticipated. The company posted net earnings of $2.99 billion, or $4.67 per diluted share, versus $3.02 billion, or $4.25 per diluted share, in the 2021 quarter.  Lowe’s...
CVS Beats Expections in Q2

CVS Beats Expections in Q2

As the company continues on its reorganization as a community well resource, CVS Health beat Wall Street estimates on earnings and revenues while posting a strong comparable sales gain in the retail business. Company net income was $2.95 billion, or $2.23 per diluted...
Inflation Cuts Into Rent-A-Center Q2 Earnings

Inflation Cuts Into Rent-A-Center Q2 Earnings

In the second quarter, Rent-A-Center saw earnings slip as inflation squeezed its lower-income customers, but it still managed to profit better than Wall Street expected. Net earnings were $19.7 million, or 33 cents per diluted share, versus $61.3 million, or 90 cents...