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...
Citing a challenging do-it-yourself market facing macroeconomic headwinds, Lowe’s Cos. beat a second-quarter earnings forecast despite a decline in comparable sales during the period. Net earnings were $2.38 billion, or $4.17 per diluted share, versus $2.67 billion,...
The Lowe’s Cos. has promoted Jennifer Wilson to senior vice president, chief marketing officer. Wilson previously was senior vice president, enterprise brand and marketing. In her expanded role, Wilson will oversee strategic brand and product marketing, loyalty...
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...
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...
