Retail News

Lowe’s posts 1Q sales and earnings gains

Reuters/Fox Business 05/19/2021

Lowe’s posted a 25.9 percent gain in same-store sales during the first quarter with earnings of $3.21 per share, up from $1.76 last year. Home Depot, Lowe’s larger rival, posted a 31 percent gain in same-store sales during the first quarter.

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