Categories AlphaGraphs, Earnings, Retail
Infographic: Highlights of Lowe’s Companies (LOW) Q1 2020 earnings results
Lowe’s Companies, Inc. (NYSE: LOW) reported a 28% jump in earnings for the first quarter of 2020 helped by higher revenue. The results reflected the benefits of its retail fundamentals strategy, the improvement in execution, and the resiliency of the home improvement business model.
Given the uncertain economic outlook, the company raised $4 billion in senior unsecured notes and increased the capacity of its revolving credit facilities by $770 million. After repaying $500 million of fixed-rate notes due April 15, 2020, the company now has $6 billion of cash and cash equivalents as well as $3 billion in undrawn capacity on its revolving credit facilities which will be available for any unanticipated liquidity needs.
The company is withdrawing its financial guidance for fiscal 2020. During the quarter, the company also decided to suspend share repurchases and does not expect to repurchase any more shares this year beyond what was executed in the first quarter.
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SBUX Earnings: Key quarterly highlights from Starbucks’ Q4 2024 financial results
Starbucks Corporation (NASDAQ: SBUX) reported its fourth quarter 2024 earnings results today. Consolidated net revenues declined 3%, including on a constant currency basis, to $9.1 billion compared to the same
Key highlights from Biogen’s (BIIB) Q3 2024 earnings results
Biogen Inc. (NASDAQ: BIIB) reported its third quarter 2024 earnings results today. Total revenue decreased 3% year-over-year to $2.46 billion. Revenues were down 3% on a constant currency basis as
Infographic: Caterpillar (CAT) reports lower Q3 revenue and adj. profit
Caterpillar Inc. (NYSE: CAT), a leading manufacturer of construction and mining equipment, on Wednesday reported a decrease in revenue and adjusted earnings for the third quarter of 2024. Sales and