Lowe's: misses consensus in Q4
(CercleFinance.com) - Lowe's Companies has reported Q4 adjusted EPS that is down 14% at 74 cents, 12 cents below the consensus, with the group's revenues reaching 15.
5 billion dollars, up 4.1% at constant stores.
For the full year, the home improvement chain posted adjusted EPS of 4.39 dollars, with comparable revenue growth of 4%, above its latest targets (between 4.20 dollars and 4.30 dollars and about 3.5% respectively).
For the current year, the Mooresville, North Carolina-based group expects EPS of 5.40 dollars to 5.50 dollars, with revenue growth of approximately 4%, including about 3.5% at constant stores.
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