Lowe's Raises Its Earnings Forecast as a Tight Housing Market, Older Homes Fuel Projects

  • 📰 nbcchicago
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Lowe's Sales Rise 5% as Tight Housing Market, Older Homes Fuel Projects

Sales climbed to $21.34 billion from $20.31 billion last year and outpaced analysts' expectations of $20.90 billion.

Lowe's has historically drawn about 20% to 25% of its total sales from pros compared with Home Depot, which gets about half of its sales from them. Lowe's has been chasing pros, however, with a new loyalty program and perks like reserved parking and free air for tires at its stores.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 545. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Ghislaine Maxwell's former Massachusetts home hits market for $7.3MA Massachusetts house that convicted sex trafficker Ghislaine Maxwell once called home is set to hit the market for $7.295 million. The money should go to her victims. For the victim's I hope... Speaking of her…. How many of you forgot she’s still alive and how many black book folks have been arrested or investigated?
Källa: FoxBusiness - 🏆 458. / 53 Läs mer »

Home Depot Will Report Its Earnings Before the BellThe home improvement retailer is gearing up for spring and trying to prove to investors it can keep momentum going.
Källa: nbcchicago - 🏆 545. / 51 Läs mer »

Power Giants to Scope Offshore Wind Projects in India's Untapped MarketAccording to India’s Ministry of New and Renewable Energy, the country is home to roughly 7,600 kilometers of coastline.
Källa: nbcchicago - 🏆 545. / 51 Läs mer »

Novatar: The Ultimate NFT Project That Is Dominating the NFT Market Now – Sponsored Bitcoin NewsNFTs have emerged as the biggest trend on the blockchain industry due to their massive popularity with mainstream users. This novelty form of digital I am confident that Uquid physical shop will develop as a result of implementing web 3.0. His biggest scam must know Scam
Källa: BTCTN - 🏆 531. / 51 Läs mer »