Lowe’s Reports Lower Sales of $23.8B in the First Quarter of 2022
(Lowes) Lowe’s sales in the first quarter of 2022 came at $23.7 billion, lower than sales of $24.4 billion in the comparable quarter of 2021. Comparable sales fell 4.0%. Lowe’s…
Lowe Issues Lower Guidance Outlook in 2022 as Pandemic-Led Boom Wanes
(Lowe) Shares of Lowe fell 3.7% in premarket on Wednesday before recovering after guiding sales of $94 billion to $97 billion in FY22, which missed the expected $97.62 billion. The…
Lowe Upgrades FY21 Guidance after Earnings Rise by $0.2B in the Second Quarter
(Lowe) Lowe’s Company Inc. posted net earnings of $3.0 billion or $4.25 EPS in the second quarter, up from $2.8 billion or $3.74 EPS in the comparable quarter of 2020.…
Lowe’s Expects Sales to Grow About 22% in Fiscal 2020
Lowe's stock rose by about 5% on early Wednesday after the company projected sales to rise by about 22% next year, reports CNBC. The higher sales projections are driven by…