Lowe’s Companies, Inc. (NYSE: LOW) reported third quarter 2020 earnings results today.
Total sales rose to $22.3 billion from $17.4 billion in the same period last year while comparable sales increased 30.1%.
Net income was $692 million, or $0.91 per share, compared to $1 billion, or $1.36 per share, last year. Adjusted EPS rose 40% to $1.98.
For the fourth quarter of 2020, the company expects total and comparable sales growth of approx. 15-20%. GAAP EPS and adjusted EPS are expected to be $1.10-1.20.
Prior performance
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
INTU Earnings: Intuit Q1 2025 adj. profit rises on higher revenues
Financial technology company Intuit Inc. (NASDAQ: INTU) Thursday announced results for the first quarter of 2025, reporting a modest increase in adjusted earnings. The Mountain View-headquartered company’s first-quarter revenue came
Riding the AI wave, Nvidia looks set to stay on the high-growth path
After delivering strong results for the third quarter, Nvidia Corporation (NASDAQ: NVDA) this week said the launch of its new-generation Blackwell chip is on track. The company is thriving on
Target (TGT): A look at some of the challenges faced by the retailer in 3Q24
Shares of Target Corporation (NYSE: TGT) stayed green on Thursday, recovering from the stumble it took a day ago after delivering disappointing results for the third quarter of 2024 and
