COVID-19 Updates
Home » Tag Archives: Marvin Ellison

Tag Archives: Marvin Ellison

Lowe’s Reports $16B in Q4 2019 Sales

lowe's sales

Big-box home improvement chain Lowe’s has released its financial results for the fourth quarter of 2019, indicating sales growth compared to the same period in 2018. In total, Lowe’s posted $16 billion in fourth-quarter 2019 sales, up 2.5 percent from …

Read More »

Lowe’s Announces New Chief Brand and Marketing Officer

Lowe's

Lowe’s has announced the appointment of Marisa F. Thalberg as executive vice president, chief brand and marketing officer, effective February 10. She most recently served as the global chief brand officer for fast-food chain Taco Bell. Thalberg has been named …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »

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, …

Read More »

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 …

Read More »