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Tag Archives: Marvin Ellison

Home Depot, Lowe’s Announce Q3 2019 Financial Results

q3 2019 financial results

Home Depot and Lowe’s both announced their third-quarter 2019 financial results this week. Explore each big-box retailer’s individual results using the links below. Inside Home Depot’s Q3 2019 Financial Results Sales: $27.2 billion Net Earnings: $2.8 billion Key Takeaway: Because …

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Lowe’s Announces Q3 2019 Financials, New Canadian Strategy

canadian strategy

Lowe’s has announced its financial results for the third quarter of 2019. In total, the big-box home improvement company reports net earnings of $1 billion for the quarter, up from $629 million in net earnings for the same period in …

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Home Depot and Lowe’s Release Q2 2019 Financial Results

financial results

Home Depot and Lowe’s have both released their second-quarter 2019 financial results. Overall, the companies both reported growth. Home Depot’s second-quarter sales were $30.8 billion. Lowe’s reported quarterly sales of $21 billion. For full insight into each company’s financial results …

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Lowe’s Announces Financial Results for Q2 2019

lowe's

Big-box home improvement chain Lowe’s has announced its second-quarter 2019 financial results. In total, the company reported net earnings of $1.7 billion in the second quarter. This figure represents an 8 percent decrease over its second-quarter 2018 earnings of $1.86 …

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Lowe’s Lays Off Thousands of Employees

employees

Lowe’s has eliminated thousands of positions across the company, including many maintenance and assembly employees, reports The Wall Street Journal. Many of the workers affected by the announcement put together “grills, wheelbarrows and other products,” according to the report. Now, …

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Lowe’s Details Plans for New Technology Hub

technology hub

Lowe’s has announced plans to construct a global technology hub in Charlotte, North Carolina, the company confirms. The company says that, once complete, the center will employ approximately 2,000 information technology (IT) workers to help “accelerate the … company’s technology …

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Exploring Big-Box Q1 2019 Financial Results

q1 2019 financial results

Big-box home improvement chains The Home Depot and Lowe’s both announced their first-quarter 2019 financial results. Learn how each company performed in the articles linked below. Home Depot Reports Sales Growth for First Quarter “We were pleased with the underlying …

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Lowe’s Reports $17.7B in Q1 2019 Sales

marvin ellison

Big-box home improvement chain Lowe’s has announced its first-quarter 2019 financial results. In total, Lowe’s achieved net earnings of $1.0 billion, up 1.2 percent from the same period in 2018, the company reports. Lowe’s also announced its decision to “sell …

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