Lowe's 1Q Earnings Down From Last Year

By: 13 News
By: 13 News

Home improvement giant Lowes' first quarter earnings fell 22% from a year ago.

The Wichita Business Journal reports the company earned 476 million dollars for the quarter that ended may first, down from 607 million dollars from the previous year..

Stocks fell to $.32 a share down from $.41 a share last year.

Lowes operates almost 1,700 stores in the US.

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