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 20, 2024 | Retail Articles
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,...
by Mike Duff | Jun 11, 2024 | Retail Articles
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...
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...
