Tag Archives: Marvin Ellison

Lowe’s has announced its second-quarter 2021 financial results, confirming $27.6 billion in net sales for the period. The figure represents a 1.1 percent increase over the same period in 2020. The company reported net earnings of $3 billion, a 7 …

Marvin Ellison, Lowe’s president and CEO, has added an additional role to his job duties and will now also serve as the chairman of the board. Ellison, who joined the company in July 2018 as president, chief executive officer and …

After announcing $89.6 billion in fiscal year 2020 sales, big-box home improvement chain Lowe’s is reporting first-quarter net sales of $24.4 billion, up 23.9 percent from the same period in 2020. Net earnings for the company stood at $2.3 billion, …

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 …

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 …

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 …

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 …

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