Markets

Lowe’s soars the most in 11 years after smashing earnings estimates

Shares of Lowe’s surged as much as 13% on Wednesday after the retailer posted second-quarter revenue and profit that exceeded analyst expectations. The home-improvement retailer said overall sales from existing Lowe’s stores grew 2.3%, while same-store revenue from US locations climbed 3.2%. Lowe’s chief executive officer said the company’s positive […]
Lowe’s soars the most in 11 years after smashing earnings estimates