YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Lowe's to close 34 Canadian stores

Posted online

Lowe's Co. announced plans to shutter 34 underperforming stores in Canada.

The announcement was made alongside the company's earnings report, in which profits beat expectations but revenue did not.

Adjusted earnings per share were $1.41, above analysts' predictions of $1.35 per share. Sales of $17.4 billion were below the expected $17.7 billion.

Read more from MarketWatch.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Open for Business: The Quilted Cow

A franchise store of a Branson West-based quilting business made its Queen City debut; Grateful Vase launched in Lebanon; and Branson entertainment venue The Social Birdy had its grand opening.

Most Read
SBJ.net Poll
Update cookies preferences