The Lowe’s Cos. beat a Wall Street earnings estimate even as revenue came in lower than anticipated. The company posted net earnings of $2.99 billion, or $4.67 per diluted share, versus $3.02 billion, or $4.25 per diluted share, in the 2021 quarter. Lowe’s...
As part of the company’s commitment to being a responsible corporate citizen, Lowe’s published its 2021 Corporate Responsibility Report today and announced that, in 2021, it had achieved a 2025 goal of reducing Scope One and Two greenhouse gas emissions by 40%...
According to a Placer.ai study, the home center and home decor channels — home decor in this case including retailers from At Home to Bed Bath & Beyond to The Container Store — aren’t growing the way they did during the height of the COVID-19 pandemic but that...
In the first quarter, Lowe’s Cos. saw its comparable sales turn down in the consumer business but gain substantially on a two-year basis. The company posted net earnings of $2.33 billion, or $3.51 per diluted share, versus $2.32 billion, or $3.21 per diluted...
Lowe’s Cos. announced the appointment of Brandon Sink as executive vice president and CFO. Sink has been Lowe’s senior vice president, retail finance. He joined Lowe’s in 2010, the company noted, and has held various roles across the company,...
