Home Depot posts record sales as demand for DIY products surges
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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) PT Raised to $323 at RBC Capital Following Earnings
August 18, 2020 1:29 PM EDTRBC Capital analyst Scot Ciccarelli raised the price target on Home Depot (NYSE: HD) to $323.00 (from $297.00) while maintaining an Outperform rating following earnings.
... More