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...
A range of retailers are preparing to release financial numbers during the next couple of weeks, and Placer.ai has compiled a list of their recent shopper traffic metrics that could provide a glimpse into the forthcoming results. The Placer.ai traffic tracker has...
Lowe’s Cos., seeking to bolster its key spring sales period, has established a partnership with DoorDash among other seasonal programs. With the DoorDash deal, Lowe’s will offer on-demand delivery from its more than 1,700 stores across the United States, including...
In a looking at a retail sector that’s been dealing with headwinds, Numerator updated its Home Improvement Tracker and demonstrated that Home Depot retains a considerable lead over rivals in overall spending. Home Depot has been actively expanding its business...
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...
