Lowe's Profit Slumps

November 2011
Home Textiles Today;11/21/2011, Vol. 32 Issue 27, p20
Trade Publication
The article reports that the profits of Lowe's have dropped to 44.3% or 225 million dollars, wherein chairman Robert Niblock claimed that they will be making necessary changes to improve the market speed and shopping experience.


Related Articles

  • Captivating India. BABU, VENKATESHA // Business Today;3/15/2015, Vol. 24 Issue 5, p155 

    The article highlights Robert Niblock, Global CEO, Lowe's, companies investment of $8 million and his plans of growing the Bangalore, India centre.

  • Lowe's, Home Depot Post Lower Q4 Profits. Smith, Steve // TWICE: This Week in Consumer Electronics;3/10/2008, Vol. 23 Issue 6, p62 

    The article reports on the profits posted by Lowe's and The Home Depot for the fourth quarter of 2008. Lowe's posted a double-digit decline in earnings and flat sales for its fiscal fourth quarter. According to Robert Niblock, Lowe's chairman and chief executive officer (CEO), fourth-quarter and...

  • Lowe's Sales Increase 14.2%, Earnings Up 30.5%. Malester, Jeff // TWICE: This Week in Consumer Electronics;5/23/2005, Vol. 20 Issue 11, p53 

    This article reports on the financial performance of Mooresville, North Carolina-based home-improvement retailer Lowe's for the first quarter ended April 29, 2005. The company posted a 14.2 percent sales increase, reaching $9.9 billion, up from $8.7 billion in the year-ago period. Company store...

  • Lowe's reports third-quarter profit drop of 24 percent.  // Home Channel News;12/15/2008, Vol. 34 Issue 16, p4 

    The article reports on the business performance of Lowe's Cos. Inc. in the U.S. The company accounted that its third-quarter profit decreased 24% as consumers eschewed home improvement projects and big-ticket purchases. According to Lowe's chairman and chief executive officer (CEO) Robert...

  • Great Expectations. Canlen, Brae // Home Channel News;4/10/2006, Vol. 32 Issue 5, p14 

    The article features Mooresville, North Carolina-based Lowe's Cos. the chairman, president and chief executive officer of the company is Robert A. Niblock. Its sales in 2005 reached 43.2 billion dollars and has 185,000 employees for the year. The company has 1,225 stores in 2005.

  • Lowe's embraces change.  // Home Channel News;6/6/2011, Vol. 37 Issue 6, p52 

    The article discusses the view of Robert A. Niblock, chief executive officer (CEO) of Lowe's Cos. Inc., on the transformation of home improvement retailer to a home improvement company, at the company's annual meeting in the U.S.

  • HIGHS IN SUPPLY CHAIN EFFICIENCY: Lowe's spells retail with three "Rs". Clark, Ken // Home Channel News;4/16/2007, Vol. 33 Issue 5, p36 

    The article reports on the rapid response replenishment (R3) platform of Lowe's Cos. Inc. in Mooresville, North Carolina. It aims to move more merchandise through regional distribution centers (RDCs) and mitigate less load shipment. The platform is intended for supply chain efficiency, support...

  • TRAINING AT LOWE'S. Bingham, Tony; Galagan, Pat // T+D;Nov2009, Vol. 63 Issue 11, p34 

    The article presents an interview with Robert Niblock, the chief executive officer of Lowe's, a chain of home improvement stores. He discusses leadership, employee training, and the impact of the global financial crisis which began in 2008 on the firm's business. Niblock stresses the importance...

  • Lowe's Sales Climb 16.2% In Fiscal Q3, Net Rises 15.5%. Malester, Jeff // TWICE: This Week in Consumer Electronics;11/22/2004, Vol. 19 Issue 24, p93 

    This article reports on the financial performance of home improvement retailer Lowe's for the third quarter of ended October 29, 2004. An ongoing robust housing market, improving employment and strong demographic trends helped produce a 16.2% sales increase for Lowe's. Sales rose to $9.1 billion...


Read the Article


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

Try another library?
Sign out of this library

Other Topics