Retail News
Lowe’s posts big jump in sales, earnings slip
The Associated Press/SFGate 11/18/2020Lowe’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.
Source: The Associated Press/SFGate
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