— 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 […]
“— 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 […]
· February 26, 2020
— 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.
