Home » Tag Archives: Lowe’s

Tag Archives: Lowe’s

Inside Big Boxes’ Fiscal Year 2020 Sales Results

fiscal year 2020 financial results

2020 was a year of sales momentum for the home improvement market. As COVID-19 forced millions of people across the world to stay at home, they begin to see new potential for their living spaces and finally had the time …

Read More »

Lowe’s Reports $89B in 2020 Sales

lowe's 2020 sales

Home improvement chain Lowe’s has announced its fourth-quarter and fiscal year 2020 financial results, revealing more than $89 billion in sales throughout a year marked by strong DIY spending. In total, Lowe’s reports fourth-quarter net sales of $20.3 billion, up …

Read More »

Lowe’s Plans to Hire 50,000 Employees for Spring

Lowe's associate helping customer

Lowe’s has announced plans to hire roughly 50,000 frontline associates across its U.S. stores this spring. The company says the 50,000 new hires will fulfill both seasonal and full-time roles at its stores ahead of the busiest home improvement selling …

Read More »

Lowe’s Focuses on Capturing Market Share

lowe's 2020 sales

After announcing $22.3 billion in third-quarter sales, Lowe’s will now focus on capturing market share from home improvement rivals, reports CNBC. The company reiterated its financial outlook, saying it expects sales to grow by about 22 percent this year. Same-store …

Read More »

Explore Q3 2020 Big-Box Financial Results

big box

In the past month, Home Depot, Lowe’s and Tractor Supply have all announced their third-quarter 2020 financial results. For all companies, sales in this period coincided with massive disruptions caused by COVID-19. Even amid retail volatility, the third-quarter 2020 financial …

Read More »

Lowe’s Records $22.3B in Q3 2020 Sales

lowe's q3 2020

Big-box home improvement chain Lowe’s has announced its third-quarter 2020 financial results, reporting $22.3 billion in sales for the quarter, about 28 percent higher than in the same period in 2019. Net earnings for Lowe’s amounted to $692 million, down …

Read More »

Walmart U.S. CEO on Meeting New Shopper Needs

walmart

The National Retail Federation (NRF) recently hosted a webinar with Walmart U.S. president and CEO John Furner to learn how the company had pivoted during COVID-19 to ensure staff and shopper safety. In August, the company announced its second-quarter financial …

Read More »

Lowe’s to Install Contactless Pickup Lockers Nationwide

lowe's contactless lockers

Big-box home improvement chain Lowe’s has announced plans to install pickup lockers at all of its 1,700 U.S. stores by the end of March. The company says the self-service lockers are a safe way for customers to access same-day online …

Read More »

market

Key Retail Metrics

 

Wednesday, Mar. 17 at 2 P.M. ET