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.”
Trxade Health Inc. (NASDAQ: MEDS) is an online pharmaceutical marketplace that provides a platform for independent pharmacies to operate more effectively. The company’s digital platform helps optimize drug procurement and
It is estimated that the size of the global chip manufacturing equipment market would nearly double from the current levels to about $142 billion in the next eight years. Applied
Shares of Take-Two Interactive Software (NASDAQ: TTWO) were down over 2% on Friday. The stock has dropped 32% year-to-date and 35% over the past 12 months. Earlier this week, the