Categories Earnings, Retail

Lowe’s Companies, Inc. (LOW) Q4 2019 Earnings Snapshot

Lowe's Q4 2019 Earnings

— Lowe’s Companies, Inc. (NYSE: LOW) reported earnings of $0.94 per share in the fourth-quarter 2019 vs. $0.91 per share expected.  

— Q4 Sales grew 2.5% to $16 billion, versus $16.15 billion expected. Comparable sales for the US home improvement business rose 2.6% for the fourth quarter.

— CEO: Our sales growth was driven almost entirely by our U.S. brick and mortar stores, supported by our investments in technology.

— Expects total sales growth of 2.5% to 3% in fiscal year 2020. Comparable sales growth for this period expected between 3% and 3.5%. Adjusted EPS projected in the range of $6.45 to $6.65.

— LOW fell 3% during pre-market hours. 

Get access to timely and accurate verbatim transcripts that are published within hours of the event.

Most Popular

CCL Earnings: Carnival Corp. Q4 2024 revenue rises 10%

Carnival Corporation & plc. (NYSE: CCL) Friday reported strong revenue growth for the fourth quarter of 2024. The cruise line operator reported a profit for Q4, compared to a loss

Key metrics from Nike’s (NKE) Q2 2025 earnings results

NIKE, Inc. (NYSE: NKE) reported total revenues of $12.4 billion for the second quarter of 2025, down 8% on a reported basis and down 9% on a currency-neutral basis. Net

FDX Earnings: FedEx Q2 2025 adjusted profit increases; revenue dips

Cargo giant FedEx Corporation (NYSE: FDX), which completed an organizational restructuring recently, announced financial results for the second quarter of 2025. Second-quarter earnings, excluding one-off items, were $4.05 per share,

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top