Shoppers wearing protective masks wait in line to enter a Lowe's Cos. store in San Bruno, California, U.S., on Wednesday, May 20, 2020.
Shoppers wearing protective masks wait in line to enter a Lowe's Cos. store in San Bruno, California, U.S., on Wednesday, May 20, 2020.on Wednesday said its second-quarter revenue surged 30% as consumers spent more on home improvement projects while stuck in the house.Here's what the company reported for the quarter ended July 31 compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:Lowe's reported fiscal second-quarter net income of $2.
Excluding items, the retailer earned $3.75 per share, beating the $2.95 per share expected by analysts surveyed by Refinitiv.This is a developing story. Please check back for updates.
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