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Lowe's posted results that beat the Street's estimates, but investors are homing in on its ongoing negative sales growth.The home improvement retailer posted revenue of $20.17 billion, compared to ...
The results were bad enough to leave Lowe's stock down 4% as of mid-session Tuesday. ... The nation's second-biggest hardware store chain provides a much-needed service, in fact. ... The Today Show.
Lowe's stock gained as much as 3.5% on Tuesday after the home improvement retailer's profits topped Wall Street expectations as growth in its professional contractor segment and online unit helped ...
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Here's what Lowe's reported, compared to Wall Street estimates, according to Bloomberg consensus: Revenue: $21.36 billion versus 21.13 billion Adjusted earnings per share: $3.06 versus $2.95 Same ...
Floor & Decor , Lowe's, and Home Depot could see a boost in business. Home Depot's stock is up 11% in September, while Lowe's and Floor & Decor picked up 10% and 15% gains, respectively.
The sluggish home improvement backdrop brought on by high interest rates hammered Lowe's second quarter P&L.Lowe's reported on Tuesday that quarterly sales tanked 5.6% from the prior year to $23. ...
Newell Brands (): The company behind Sharpie markers, Elmer’s glue and Yankee Candle adjusted its outlook for the second half of the year by cutting its full-year forecast after the bell Tuesday ...