CHARLOTTE, N.C. --- Lowe's Cos. cited a weak sales environment amid a continuing slump in the housing sector Monday as reasons for a 10.2 percent drop in third-quarter...
RALEIGH, N.C. - Lowe's Cos. warned Monday that a slowing housing market will hurt...increase in profit for the second quarter, shares of Lowe's Cos. tumbled as the company cut its full-year earnings...
Electrolux wins award from Lowe's Electrolux Major Appliances North America was named Lowe's Cos. Inc.'s 2006 Supplier of the Year for major appliances. The Augusta-based subsidiary of Sweden's Electrolux AB was given...
...than at any other time in 6½ years.New-home sales and home-price indexes have reached multi-year highs. And Lowe's Cos. on Monday reported a surge in net income, a sign that home-improvement retailers are benefiting.The housing market's...
...of $2.92 per share on revenue of $73.95 billion.Home Depot runs more than 2,200 stores. Its smaller rival Lowe's Cos. reports its earnings Monday.Shares of Home Depot rose $1.89, or 3.6 percent, to close Tuesday at $54.71...
...coming weeks as casinos, insurance companies and retailers tally the damage.On the flip side, companies such as Lowe's Cos. and Home Depot Inc. could benefit as people load up on generators and other supplies needed for the rebuilding effort...
...consumers stuck in homes they can't sell.Home Depot Inc. is focusing more on affordable products and projects and Lowe's Cos. on improving customer services such as outdoor equipment repair -- changes dictated by the companies' first-quarter...
...problems and given it new momentum. Whether it can regain business lost to home improvement behemoths Home Depot Inc. and Lowe's Cos. remains questionable. But after years on the defensive, the 6,000-store member-owned cooperative is fighting...
...shares. Since Home Depot announced first-quarter earnings and sales, which fell short of results from smaller rival Lowe's Cos., Home Depot's shares have declined dramatically from a close of $48.50 on May 20 to a close of $33.25 on...
...continued to decrease, falling 14.9 percent from a year ago. Lowe's benefits from home growth RALEIGH, N.C. - Lowe's Cos. Inc. reported an 18 percent jump in second-quarter income and boosted its earnings outlook based on what it called...