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 | Jan 23, 2023 | Retail Articles
Retailers constantly consider how to get the next generation of shoppers into the store, and Lowe’s Cos. is welcoming its customers of tomorrow by launching an in-store kids’ birthday party program that aims to inspire junior builders while giving parents...
by Mike Duff | Dec 7, 2022 | Retail Articles
At its 2022 Analyst and Investor Conference, Lowe’s Cos. is providing an update on its key growth initiatives including the company’s plans for growth across its five focus areas. The growth initiatives include deepening Pro penetration, accelerating the...
by Mike Duff | Nov 15, 2022 | Retail Articles
Home Depot recorded third-quarter sales and earnings that topped Wall Street estimates as its recent momentum continued. In the quarter, net earnings were $4.34 billion, or $4.24 per diluted share, versus $4.13 billion, or $3.92 per diluted share, in the fiscal 2021...
by Mike Duff | Oct 21, 2022 | Retail Articles
A Lowe’s holiday survey revealed more than 90% of consumers plan to spend as much, if not more, than they did last year on holiday gifts, and more than 85% will participate in holiday traditions. As such, the home improvement retailer has developed a range of...
