2023-03-01 06:02:03 LOW Lowe's
03/01/23 03/0106:02 03/01/2306:02 | Lowe's reports Q4 adjusted EPS $2.28, consensus $2.21Reports Q4 revenue $22.45B, consensus $22.69B. "We continue to make strides on our Total Home strategy, with 10% Pro growth in the U.S. and 5% increase in Lowes.com sales. In recognition of the front-line leaders and associates who delivered these results, we are pleased to award $220 million in discretionary and profit-sharing bonuses," commented Marvin Ellison, Lowe's chairman, president and CEO. "I am confident we are making the right investments - in our associates and in our business - to drive long-term growth. We also continue to improve operating margin, demonstrating our ongoing focus on driving productivity across the company." |
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