. For the company's first quarter, ended May 1, Lowe's reported net income rose to $1.34 billion compared to earnings of $1.05 billion one year ago.
CEO Marvin Ellison said he was pleased with strong online demand, with Lowes.com sales increasing 80% during the quarter. —U.S. stock futures were sharply higher on Wednesday morning as the market's volatility this week keeps investors on their toes.
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