Lowe’s (NYSE: LOW) reported second-quarter financial results before the opening bell on Wednesday. The home improvement company reported a 30% increase in Q2 revenues to $27.3.1 billion, beating Wall Street consensus. Net earnings of $3.74 per share also handsomely surpassed what analysts had anticipated.
HD shares rose 0.6% immediately following the announcement. The stock has increased by 32% so far this year.
Lowe’s CEO Marvin R. Ellison said, “Looking ahead, our sales momentum continues into August, and we are investing in the business to further our omnichannel capabilities and position the Company to deliver long-term value to associates, customers and shareholders.”
Adobe Systems Incorporated (NASDAQ: ADBE) reported second quarter 2021 earnings results today. Total revenue grew 23% year-over-year to $3.84 billion. GAAP net income was $1.11 billion, or $2.32 per share,
Shares of Delta Air Lines Inc. (NYSE: DAL) have gained 45% over the past 12 months and 11% since the beginning of this year. After a particularly distressful period, like
The Kroger Co. (NYSE: KR) reported first-quarter 2021 earnings results today. Total company sales were $41.3 billion compared to $41.5 billion in the same period last year. Excluding fuel, sales