Lowe’s net income jumps 76%
Lower costs, fewer charges boost retailer’s 3rd quarter
Posted: November 20, 2012 at 2:52 a.m.
A customer pushes her Lowe’s purchases to her car in New York in this file photo. Lowe’s on Monday reported a third-quarter profit of $396 million.
Lowe’s Cos.’ said Monday that its third-quarter net income surged 76 percent, helped by lower costs and higher revenue, as the company’s efforts to revamp its merchandise and prices appeared to be gaining traction.
This story is only available from our archives.
Business, Pages 23 on 11/20/2012
(Advertisement)
« Previous Story
Talk, judge tells Hostess, union
The judge who is overseeing Hostess Brands Inc.’s bankruptcy declined to approve the company’s liquidation Mon... Read »
Next Story »
Used-home sales rise in October
Sales of previously owned homes climbed in October, a sign to analysts that gains in the real-estate market are being sustained by low mortgage rates. Read »
Comments
To report abuse or misuse of this area please hit the "Suggest Removal" link in the comment to alert our online managers. Please read our comment policy.
Use the comment form below to begin a discussion about this content.
Registration is required to make comments. Click here to LOGIN.
You can register for FREE to post comments and receive alerts.