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Showing posts from May, 2017

Lowe's Retail Company - Lowe's Stock, Expresses Disappointment

Lowe's Retail Company - Lowe's Stock, Expresses Disappointment with Earnings Earnings per share: $1.03 adjusted vs. an estimate of $1.06, according to Thomson Reuters analysts. Revenue: $16.86 billion vs. a $16.96 billion forecast. Same-store sales: 1.9 percent increase vs. a forecast for 2.9 percent growth, according to FactSet. Lowe's Stock, Lowe's Stock Price, Lowe's Earnings Lowe's first-quarter earnings and sales fell short of Wall Street estimates, sending shares of the home improvement retailer tumbling in premarket trade. In the wake of a strong first quarter for rival Home Depot , which recently reported better-than-expected same-store sales fueled by strong sales of big-ticket items, expecta...