Retail News

Lowe’s stock takes a hit after chain posts mixed results

CNBC 05/22/2019

Lowe’s same-store sales were up 3.5 percent during the first quarter, higher than the 3.2 percent expected by analysts. The chain’s earning per share came in at $1.22 and not the $1.33 Wall Street was expecting. Lowe’s share price fell eight percent in premarket trading.

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