News: Lowes Companies Inc (LOW.N)

LOW.N on New York Stock Exchange

66.70USD
2 Jul 2015
Change (% chg)

$-0.54 (-0.80%)
Prev Close
$67.24
Open
$67.45
Day's High
$67.75
Day's Low
$66.42
Volume
1,442,665
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1,392,621
52-wk High
$76.24
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$46.48

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Wed, May 20 2015

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Different responses to winter: Lowe's misses and Home Depot beats expectations

CHICAGO - Lowe's Companies Inc failed to launch spring discounts during the coldest months this year, while rival Home Depot Inc piled on marketing to storm-hit homeowners, and the two chains saw sharply different first quarter results. | Video

Different responses to winter: Lowe's misses and Home Depot beats expectations

CHICAGO, May 20 - Lowe's Companies Inc failed to launch spring discounts during the coldest months this year, while rival Home Depot Inc piled on marketing to storm-hit homeowners, and the two chains saw sharply different first quarter results.

Lowe's misses on profit; says harsh winter hurt promotions, sales

- Lowe's Cos Inc , the No.2 U.S. home improvement chain by sales, reported lower-than-expected quarterly earnings on Wednesday as a long, harsh winter hurt sales growth, sending its shares down more than 5 percent. | Video

UPDATE 3-Lowe's misses on profit; says harsh winter hurt promotions, sales

* Sales $14.13 bln vs est. $14.28 bln (Recasts to focus on weather, adds CEO comments, details on margins and inventory levels, updates shares)

US STOCKS-Wall St lower at open; Fed minutes awaited

* Indexes down: Dow up 0.1 pcts, S&P 0.2 pct, Nasdaq 0.3 pct (Updates to open)

Home improvement chain Lowe's profit rises 8 pct

May 20 - Lowe's Cos Inc, the No.2 U.S. home improvement chain by sales, reported a 7.9 percent rise in quarterly profit as an improving job market encouraged Americans to spend on renovations.

Higher home renovation spending drives sales at Lowe's

- Lowe's Cos Inc , the No. 2 U.S. home improvement chain, reported same-store sales well above analysts' estimates as lower gas prices and an improving job market encouraged Americans to spend more on home renovations.

UPDATE 1-Higher home renovation spending drives sales at Lowe's

Feb 25 - Lowe's Cos Inc, the No. 2 U.S. home improvement chain, reported same-store sales well above analysts' estimates as lower gas prices and an improving job market encouraged Americans to spend more on home renovations.

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