Lowe's posts earnings beat, Raises yearly forecast

Photo by: Lowe's
Photo by: Lowe's

(Mooresville, NC) -- Lowe's is surpassing expectations in its latest quarterly earnings report.  

The home improvement company earned more than 21-point-three billion dollars in revenue while earnings per share was a dollar-78. Net income was just over one-point-two billion while same-store sales rose by just over five-percent.  

For fiscal 2022, it expects revenue of just under 100-billion dollars.

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