Retail News

Lowe’s beats high expectations

MarketWatch 02/23/2022

Wall Street forecast a strong quarter for Lowe’s and the home improvement chain did even better than expected. The retailer posted a five percent gain in same-store sales, above the FactSet consensus of three percent. Net income of $1.78 per share was well ahead of the 71 cents expected by investors.

MORE ON THIS STORY...

MORE RETAIL NEWS HEADLINES...

Discussions
Check out RetailWire's Engaging Online Discussions Featuring Our Exclusive Braintrust!