follow us

Lowe' shows improvement in 3Q

Mooresville, N.C. - Lowe's third quarter comps were positive in 12 out of 14 product categories for the store, including home fashions, and overall sales beat Wall Street's estimates.
Net earnings for the quarter ended Nov. 2 jumped 76.0% to $396 million, or 35 cents per share. Sales rose 1.9% to $12.1 billion. Comps were up 1.8% on a consolidated basis and up 1.8% for the U.S.
Year-to-date net earnings rose 10.1% to $1.67 billion, or $1.42 per share. Sales increased 2.3% to $39.5 billion. Comps were up 1.3% on a consolidated basis and 1.4% for the U.S.

Featured Video

Other Home Furnishings Sites

Casual Living
Gifts and Decorative Accessories
Home Accents Today
Kids Today
Home & Textiles Today