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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Lowes Companies Inc | NYSE:LOW | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 2.06 | 0.91% | 229.58 | 230.43 | 226.38 | 230.43 | 1,672,868 | 01:00:00 |
From May 2021 to May 2024
By Matt Grossman
Lowe's Cos. on Wednesday gave a more specific full-year sales forecast, after the company had said earlier in the year that it was performing better than its previous forecast.
The Mooresville, N.C.-based home-improvement retailer said it now expects 2021 revenue of about $92 billion. In May, the company said only that it was tracking above a previous forecast for sales of $86 billion.
Lowe's also forecast an operating margin of about 12.2% year over year. It said its gross margin would probably improve slightly compared with last year's.
Write to Matt Grossman at matt.grossman@wsj.com
(END) Dow Jones Newswires
August 18, 2021 06:40 ET (10:40 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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