Home Depot Inc. (NYSE: HD) reported on Tuesday that its fiscal fourth-quarter earnings climbed 32% thanks to favorable comparables, improving demand for home improvement products in the backdrop of resurging housing sector and refurbishments that ensued after the devastating super storm Sandy.
Shares of Lowe’s Companies Inc. (NYSE: LOW), the Mooresville, North Carolina-based home improvement retailer, have edged higher in pre-market trading today after the company reported its fourth-quarter financial results.
Shares of Lowe’s Companies Inc, (NYSE: LOW) rallied on Monday following the announcement of fiscal third-quarter results which saw profits climbing 76% thanks to better-than-expected revenue growth and cost cutting measures while fewer onetime charges also boosted the bottom line.
For the current quarter, world’s second largest home improvement chain in terms revenue is now [...]
Shares of Lowe’s Companies Inc. (NYSE: LOW), a home improvement retailer, are up sharply in early trading today. At last check, LOW shares were trading 2.87% higher at $32.26 on volume of 139,251. The stock hit an intra-day high of $32.84 in early trading today.
North Carolina-based Home Improvement Corporation, Lowe’s Companies Inc. (NYSE: LOW) has officially withdrawn its buy-out proposal which it made it to Rona Inc. on July 8, 2012.