YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
On higher revenue, home-improvement retailer Lowe's Cos. reported a second-quarter earnings increase to $1.4 billion from $1.2 billion a year earlier.
Adjusted earnings were $1.57 per share. On average, analysts expected $1.62 per share.
Sales increased to $19.5 billion from $18.3 billion a year earlier. However, revenue fell below the $19.6 billion forecast by analysts.
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