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Home Improvement Retail Robert Niblock

  • *Shares rise as much as 11.4 pct to $82.85. March 1- Lowe's Cos Inc forecast 2017 sales that topped estimates and reported better-than-expected quarterly comparable sales and profit, helped by a robust housing market that encouraged Americans to spruce up their homes or buy new ones. Shares of the No. 2 U.S. home improvement retailer rose as much as 11.4 percent to...

  • *Lowe's Q3 EPS, sales miss estimates, cuts FY profit view. Nov 16- Lowe's Cos Inc, the No. 2 U.S. home improvement chain, reported disappointing quarterly results and tempered its full-year forecast as fewer of its do-it-yourself customers remodeled homes due to an unseasonably hot fall season. "Weather was a problem in the first part of the quarter," Lowe's Chief...

  • Nov 16- Lowe's Cos Inc, the No. 2 U.S. home improvement chain, reported disappointing quarterly results and tempered its full-year forecast, in sharp contrast to market leader Home Depot Inc, as fewer customers visited its stores. Home improvement retailers in the United States are benefiting from higher wage growth as well as increased home-remodeling...

  • Nov 16- Lowe's Cos Inc, the No. 2 U.S. home improvement chain, reported third-quarter profit and sales that missed analysts' estimates as fewer customers visited its stores, and the retailer cut its full-year profit forecast for the second time. Lowe's net sales rose 9.6 percent to $15.74 billion in the third quarter ended Oct. 28. Lowe's net income fell to $379...

  • Orchard Supply Hardware Stores has filed for Chapter 11 bankruptcy protection, with rival retailer Lowe's Companies set to buy the majority of its assets for $205 million in cash.

  • NEW YORK-- Lowe's is seeking to hire two senior level executives that could play a role in its CEO succession plan. The No. 2 home improvement retailer is looking for a chief merchandising officer and a head of supply chain, two positions left vacant since Lowe's reorganized in May.