Lowe’s revenue jumps on hot housing market and warmer winter

Lowe's

By Poroma Pant Lowe’s Cos. Inc. fourth quarter operating earnings showed a solid increase, as the retailer of home-improvement and building products profited from the recovering housing market and favorable weather conditions. For the quarter ending Jan 29, the North Carolina company reported net earnings of $11 million, or a penny per diluted share, down […]