Lowe’s Profit Tops Estimates on Online Growth, Sales to Pros
Lowe’s Cos. reported profit that topped expectations on a pickup in online sales and growth in demand from professional contractors. Adjusted earnings per share were 3.00 estimate of analysts surveyed by Bloomberg. Most Read from Bloomberg Lowe’s reported positive same-store sales growth for a second consecutive quarter on strength in its digital channel and in home services. It saw “continued growth” in sales to p ...