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: BluCurrent Credit Union

BluCurrent Credit Union held a June 21 grand opening at an office building it renovated at 4520 S. National Ave.; Ozark Mountain Gymnastics changed ownership; and a Branson theater property made way for a new entertainment business with the opening of Star Concert Hall.

Most Read
Update cookies preferences