Tag Archives: Orchard Supply Hardwar

Lowe’s Q2 Net Jumps 26 Percent on Strong Sales

Lowe’s

MOORESVILLE, N.C.-With both total and same-store sales surging, Lowe’s logged a second-quarter increase of 26 percent in net income, to $941 million. The company’s top line got its drive from the upward trend in home improvement, according to Robert Niblock, chairman, president and CEO. Net sales were up 10.3 percent to $15.7 billion, including anMore »