Retail News

Lowe’s stock price falls on earnings miss

CNBC 08/23/2017

A same-store sales gain of 4.5 percent for Lowe’s was slightly better than what Wall Street expected, but earnings of $1.57 per share came in below the $1.61 analyst consensus. Lowe’s share price fell six percent in premarket trading on the news.

MORE ON THIS STORY...

MORE RETAIL NEWS HEADLINES...

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