Lowe's earnings tumble in bad weather

Fazzini, Kate
June 2007
Home Channel News;6/11/2007, Vol. 33 Issue 7, p65
The article reports on the financial performance of Lowe's, a home channel retailer company for the year 2007 in the U.S. According to reports, the company has experienced 12.1% decrease on its net earnings due to poor weather in April which cut into outdoor sales. The company's Larry Stone said that the company did not match the heavy promotional environment in the marketplace for appliances.


Related Articles

  • Sales up, comps down at Lowe's in Q2. Canlen, Brae // Home Channel News;9/10/2007, Vol. 33 Issue 11, p3 

    The article reports on the financial performance of Lowe's in the second fiscal quarter of 2007 in the U.S., which boost revenues to $14.2 billion, a 5.8% increase from $13.4 billion during the same quarter of 2006. The earnings of Lowe's, the second largest home improvement retailer, were $1.02...

  • Lowe's Profits Up 30.5 Percent. Hogsett, Don // Home Textiles Today;5/23/2005, Vol. 26 Issue 36, p18 

    Reports on the financial performance of Lowe Cos. Inc. for the first quarter of 2005 in Mooresville, North Carolina. Percentage on the increase in profits; Decline in earnings; Total sales.

  • Lowe's Reports Good Q2 Results. Smith, Steve // TWICE: This Week in Consumer Electronics;9/4/2006, Vol. 21 Issue 19, p57 

    The article reports on the financial performance of Lowe's for the fiscal second quarter ended August 4, 2006. Net earnings and sales increased for the quarter as compared to the same period last year. In the same manner, sales for the six months ended August 4, 2006 also increased. Comparable...

  • Retail roundup.  // Dow Theory Forecasts;5/28/2007, Vol. 63 Issue 22, p7 

    The article reports on the financial performance of several business enterprises in the U.S. in April 2007. Home Depot Inc. per-share profit has declined by 24%. Total revenue of Lowe's Cos. Inc. has increased by 2%. J.C. Penney Co. Inc. has earned $1.04 per share which represents an increased...

  • TOTAL OUTPUT, INCOME, AND SPENDING: CORPORATE PROFITS.  // Economic Indicators;Aug2005, Vol. 110 Issue 8, p8 

    Presents a graphical and tabular representation of corporate profits in the U.S. from 1995 to 2005.

  • Criteria for profit control. Cowan, Tom // Accountancy;Mar1976, Vol. 87 Issue 991, p86 

    The article examines how a company in Great Britain can exercise profit control in spite of increasing governmental interference. Companies should recognize replacement costs in the prices of their inventories. They should also ensure that price adjustments are made promptly on any material...

  • Larry Stone: Knocking down barriers at Lowe's. Toriello, Monica // National Home Center News;03/23/98, Vol. 24 Issue 6, p69 

    Profiles Larry Stone, chief operating officer of Lowe's Companies. His significant contribution on the success of Lowe's; Information on the campaign leading by Stone which will expand Lowe's by 2001; His experience with the home improvement industry.

  • Lowe's Companies, Inc. SWOT Analysis.  // Lowe's Companies, Inc. SWOT Analysis;Nov2005, p1 

    Presents an overview of Lowe's Cos. Inc., Mooresville, North Carolina-based home improvement retail chain. Company overview, including revenues generated in fiscal year 2004, services provided, and principal businesses; Key facts, including contact information; Analysis of the company, including...

  • Company Overview.  // Lowe's Companies, Inc. SWOT Analysis;Nov2005, p4 

    Presents an overview of Lowe's Cos. Inc., Mooresville, North Carolina-based home improvement retail chain. Revenues generated in fiscal year 2004; Services provided to retail and commercial business customers.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics