Lowe's Cos. (LOW) Tops Q3 EPS by 2c; Comps Rose 5%

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Lowe's Reports Third Quarter Sales And Earnings Results

November 18, 2015 6:00 AM EST

MOORESVILLE, N.C., Nov. 18, 2015 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) today reported net earnings of $736 million for the quarter ended October 30, 2015, a 25.8 percent increase over the same period a year ago. Diluted earnings per share increased 35.6 percent to $0.80 from $0.59 in the third quarter of 2014. For the nine months ended October 30, 2015, net earnings increased 12.8 percent from the same period a year ago to $2.5 billion, and diluted earnings per share increased 20.5 percent to $2.70.

Sales for the third quarter increased 5.0 percent to... More