Lowe’s Sales Trail Estimates Despite Strong Housing Market

Lowe's store Luke Sharrett/Bloomberg

Lowe’s Cos. reported two key sales measures that missed analysts’ estimates last quarter despite a buoyant U.S. housing market.

Matt Townsend | Bloomberg News
February 26, 2020
Business, Logistics

Lowe’s Posts Solid 4Q Results as Rival Home Depot Stumbles

Lowes Scott Eells/Bloomberg News

It was a cold winter for Lowe’s Cos., but sales largely held up. And now, CEO Marvin Ellison said demand for home improvement goods is starting to heat up, one day after rival Home Depot Inc. reported results that fell short.

Matt Townsend | Bloomberg News
February 27, 2019

Home Improvement Retailers Team Up to Operate Houston Warehouse

NFI groundbreaking in New Jersey NFI broke ground in November for a project in Logan Township, N.J. (NFI Industries)

Three months after Hurricane Harvey ravaged Houston, home-improvement retailers Lowe’s Cos. and NFI Industries will open up a new distribution center in the city to handle the extra volume anticipated in the rebuilding effort.

Ari Ashe | Staff Reporter
December 4, 2017