traditional spring sales season

MOORESVILLE, N.C. | Lowe’s 1Q falls flat as extended winter cuts into sales

MOORESVILLE, N.C. — Lowe’s, which named a new CEO this week, is reporting weak profit and revenue numbers for its first quarter in which harsh winter weather cut into the traditional spring sales season. The Mooresville, North Carolina, company earned $988 million, or $1.19 per share, for the three months ended May 4. A year … Continue reading MOORESVILLE, N.C. | Lowe’s 1Q falls flat as extended winter cuts into sales