Lowe's Cos. (LOW) Misses Q2 EPS by 4c; Comps Rose 4.3%

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Lowe's Reports Second Quarter Sales And Earnings Results

August 19, 2015 6:00 AM EDT

MOORESVILLE, N.C., Aug. 19, 2015 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) today reported net earnings of $1.13 billion for the quarter ended July 31, 2015, an 8.4 percent increase over the same period a year ago. Diluted earnings per share increased 15.4 percent to $1.20 from $1.04 in the second quarter of 2014. For the six months ended July 31, 2015, net earnings increased 8.2 percent from the same period a year ago to $1.80 billion, and diluted earnings per share increased 15.9 percent to $1.90.

Sales for the second quarter increased 4.5 percent to... More