The 2020 Mid-Year Economic Update_long

Lowe’s Sales Up 6.7% in 2Q

For the first six months sales were up 8.5 percent.

Lowe's Cos. Inc. (NYSE: LOW), Mooresville, NC, reported sales for the second quarter ended Aug. 4 of $19.5 billion, an increase of 6.7 percent year-over-year. Profit was $1.4 billion, up from $1.2 billion in the prior year quarter.

For the first six months sales were $36.4 billion, up 8.5 percent from the same period last year. Profit decreased 1.5 percent to $2 billion.

 

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