Earnings Expectations: The home-improvement retailer is anticipated to post earnings of $1.68 a share, a decline from $2.28 a share in the same quarter a year ago. Revenue Projection: Quarterly revenue is forecasted to decrease to $18.47 billion from $22.45 billion in the previous year. Comparable Sales Forecast: Same-store sales are expected to decrease by 7%. Company … [Read more...] about Lowe’s Fourth-Quarter Report Overview
Lowe's
Lowe’s Fourth-Quarter Results
Lowe’s Cos. Inc. fell slightly short of its full-year outlook in its latest financial report, but its stock showed a slight increase in premarket trading. The company recorded net earnings of $1.0 billion for the fiscal fourth-quarter, translating to $1.77 per share, up from $957 million, or $1.58 per share, in the same period a year ago. Adjusted earnings per share came in at … [Read more...] about Lowe’s Fourth-Quarter Results
