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Lowe's Companies Inc (LOW.N)

LOW.N on New York Stock Exchange

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Wed, Aug 22 2018

Lowe's closing Orchard Supply chain acquired in bankruptcy

Home improvement retailer Lowe's Companies Inc said on Wednesday it expects it will shut all of the Orchard Supply Hardware stores it acquired out of bankruptcy five years ago and focus on its core business.

Lowe's new chief shuts Orchard stores, promises streamlining

Lowe's Cos Inc on Wednesday promised to cut back slow-moving products and unsuccessful business projects as new Chief Executive Marvin Ellison seeks to turn around a company that has trailed bigger rival Home Depot for years.

Lowe's same-store sales misses estimates, shares drop

Aug 22 Lowe's Cos Inc missed estimates for quarterly same-store sales on Wednesday as the home improvement retailer bore the brunt of a slowdown in the U.S. housing market, sending its shares down 4 percent.

Lowe's to scrap four positions including chief operating officer

July 9 Home improvement chain Lowe's Cos Inc said on Monday it would eliminate several key positions including chief operating officer.

Ackman makes roughly $1 billion bet on Lowe's

Billionaire investor William Ackman said on Wednesday that his hedge fund had taken a roughly $1 billion stake in Lowe's , revealing his third large investment this year. | Video

UPDATE 7-Ackman makes roughly $1 billion bet on Lowe's

May 23 Billionaire investor William Ackman said on Wednesday that his hedge fund had taken a roughly $1 billion stake in Lowe's, revealing his third large investment this year.

BRIEF-Lowe's First Quarter Earnings Per Share $1.19

* Q1 EARNINGS PER SHARE VIEW $1.22 -- THOMSON REUTERS I/B/E/S

Lowe's same-store sales miss estimates

May 23 U.S. home improvement retailer Lowe's Companies Inc missed analysts' forecasts for quarterly same-store sales on Wednesday as an uncharacteristically long winter hit demand.

UPDATE 3-J.C. Penney CEO Ellison jumps ship to Lowe's; shares sink

May 22 J.C. Penney's Chief Executive Officer Marvin Ellison is leaving the struggling retailer to join home improvement chain Lowe's Cos Inc, the companies said on Tuesday, sending shares in the U.S. department store chain down as much as 8 percent to an all-time low.

BRIEF-Lowe's Says Annual Base Salary Rate Of $1.45 Mln For Newly Appointed CEO

* LOWE'S COMPANIES SAYS ANNUAL BASE SALARY RATE OF $1.45 MILLION FOR NEWLY APPOINTED CEO MARVIN ELLISON - SEC FILING Source text: (https://bit.ly/2ICO1DK) Further company coverage:

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