Lowe’s posts big jump in sales, earnings slip
November 18, 2020
Lowe’s reported that same-store sales at its U.S. locations rose 30.4 percent in the third quarter as online revenues jumped 106 percent. The retailer’s stock did trade lower, however, after the home improvement retailer posted earnings of 91 cents a share, down from $1.36 during the same period in 2019.
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