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 23, 2024 | Retail Articles
At a time when home improvement companies are facing consumers who are budgeting closely and making fewer discretionary purchases, Ace Hardware reported lower second-quarter earnings and declining comparable sales. In the quarter, the company’s net income was...
by Mike Duff | May 21, 2024 | Retail Articles
Despite a decline in do-it-yourself shopper sales, Lowe’s managed to beat Wall Street estimates for earnings and revenues in the first quarter. Net earnings were $1.76 billion, or $3.06 per diluted share, versus $2.26 billion, or $3.77 per diluted share, in the...
by Mike Duff | Feb 27, 2024 | Retail Articles
Lowe’s Cos. topped Wall Street estimates for its fourth quarter and pointed to adjustments it is making to adjust to the current economic and consumer spending environment as it prepares for the important spring shopping season for DIY retailers. Net earnings for the...
