— 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.
Broadcom Limited (NASDAQ: AVGO) reported first quarter 2021 earnings results today. Total revenue increased 14% year-over-year to $6.65 billion. GAAP net income was $1.3 billion, or $3.05 per share, compared
Retail giant Costco Wholesale Corporation (NASDAQ: COST) reported higher earnings and revenues for the second quarter of 2021. Earnings missed analysts’ expectations, while sales beat. Net profit was $951 million
With the corporate world rapidly shifting to cloud-native computing after the virus outbreak changed work culture and the way businesses operate, technology providers are aggressively innovating their offerings. Hewlett Packard