Need Help? (888) 742-5060

In The News:

Lowe’s Reports Q4 Results

Lowe's Companies Inc. (NYSE: LOW), Mooresville, NC, reported sales of $15.6 billion for the fourth quarter ended February 1, 2019, up just slightly compared with $15.5 billion in the fourth quarter of 2017.

The home improvement retailer reported a net loss of $824 million, which included pre-tax charges of $1.6 billion, compared to net earnings of $554 million in the fourth quarter of 2017.  

Lowe’s said that comparable sales growth improved during the fourth quarter, and that U.S. home improvement comparable sales growth was up nearly 6 percent in January. Company leaders said they expect U.S. economic conditions to remain sound in 2019, but pointed to continued weakness in the Canadian housing market in the near-term.


© 2019 Gale Media, Inc.

Please do not reprint MDM's content on your website without MDM's express permission as it is copyrighted material. To gain permission, email us, or call 1-888-742-5060. For information on PDF or print reprints, visit MDM welcomes inbound links from your site. Please cite Modern Distribution Management.

2018-top-distributors-listThe 2018 Top Distributors List

This free PDF includes lists of top distribution companies across 14 sectors.

You will also receive MDM Update, our daily distribution e-newsletter & other distribution-focused content.

Download the Free PDF now >>

MDM-UpdateMDM Update: Daily Newsletter 

Sign up to read the best source for news & trends in wholesale distribution, MDM Update. Delivered daily to your inbox. 

Sign-up for MDM Update >>

Partner Center