Tag Archives: Robert Niblock

Lowe’s Q3 Net Climbs 17.2 Percent


MOORESVILLE, N.C.-A gain in sales and a watchful eye on expenses helped Lowe’s to a 17.2 percent increase in third-quarter net income, which totaled $585 million. Net sales in the quarter, which ended on Oct. 31, were $13.7 billion, up 5.6 percent and including a pickup of 5.1 percent in same-store sales. “Our employees’ unwaveringMore »

Last updated: November 19, 2014

Lowe’s Q2 Net Up 10.4 Percent


MOORESVILLE, N.C.-With home improvement continuing its upward trend, Lowe’s logged a 10.4 percent jump in second-quarter net income, which totaled $1 billion. Net sales in the quarter, which ended on Aug. 1, rose 5.7 percent to $16.6 billion, including a pickup of 4.4 percent in same-store sales. Along with the ongoing strength in home improvementMore »

Last updated: August 20, 2014

Lowe’s Q1 Net Up 15.6 Percent


MOORESVILLE, N.C.-Solid sales of indoor products and improved margins helped firm Lowe’s bottom line to the tune of 15.6 percent, to $624 million in net income for the quarter ending on May 2. Net sales were up 2.4 percent to $13.4 billion, including a same-store sales gain of 0.9 percent. Robert Niblock, Lowe’s chairman, presidentMore »

Last updated: May 21, 2014

Lowe’s Q3 Net Jumps 26 Percent


MOORESVILLE, N.C.-An upward track in both sales and margin brought Lowe’s a 26 percent gain in third-quarter net income, to $499 million. The home-improvement retailer’s net sales were up 7.3 percent to $13 billion in the quarter, which ended on Nov. 1. This included a pickup of 6.2 percent in same-store sales. Robert Niblock, Lowe’sMore »

Last updated: November 20, 2013