Lowe's seen gaining on Home Depot in lockdown DIY boom
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Lowe's Cos. (LOW) Tops Q2 EPS by 80c, Revenues Beat; U.S. Comp. Sales Up 35.1%, Online Sales Up 135%
August 19, 2020 6:02 AM EDTLowe's Cos. (NYSE: LOW) reported Q2 EPS of $3.75, $0.80 better than the analyst estimate of $2.95. Revenue for the quarter came in at $27.3 billion versus the consensus estimate of $24.27 billion.
U.S. Comparable Sales Increased 35.1%
Diluted EPS Increased 75% to $3.74; Adjusted Diluted EPS Increased 74% to $3.75(1)
Lowes.com Sales Increased 135%
Company Invests $460 Million in Second Quarter to Support Associates and Communities in Response to... More
Home Depot (HD) Declares $1.50 Quarterly Dividend; 2% Yield
August 18, 2020 6:08 AM EDTHome Depot (NYSE: HD) declared a quarterly dividend of $1.50 per share, or $6 annualized.
The dividend will be payable on September 17, 2020, to stockholders of record on September 3, 2020, with an ex-dividend date of September 2, 2020.
The annual yield on the dividend is 2... More
Home Depot (HD) Tops Q2 EPS by 33c, Revenues Beat
August 18, 2020 6:02 AM EDTHome Depot (NYSE: HD) reported Q2 EPS of $4.02, $0.33 better than the analyst estimate of $3.69. Revenue for the quarter came in at $38.1 billion versus the consensus estimate of $34.37 billion.
"The investments we have made across the business have significantly increased our agility, allowing us to respond quickly to changes while continuing to promote a safe operating... More
