May 28, 2024
“Lowe’s topped Wall Street’s quarterly earnings and revenue expectations on Tuesday, even as do-it-yourself customers bought fewer pricey items… Lowe’s stuck by its full-year forecast. It said it expects total sales of between $84 billion and $85 billion, which would be a… Continue Reading…
September 8, 2023
“Generally, the inventory losses are only a small fraction of the retailers’ net sales. They also pale in comparison to other factors squeezing margins, such as excessive discounting and promotions, according to a CNBC analysis of their balance sheets. While… Continue Reading…
May 23, 2023
“Lowe’s Cos Inc cut its annual sales and profit forecasts on Tuesday, joining larger rival Home Depot in highlighting waning demand for home improvement goods with sticky inflation forcing consumers to cut back on discretionary spending… Lowe’s expects full-year comparable… Continue Reading…
Recent Comments