Lowe’s Q2 Earnings Beat Expectations
PYMNTS
AUGUST 23, 2018
We posted solid results this quarter by capitalizing on delayed spring demand,” said President and CEO Marvin R. The reported earnings included non-cash pre-tax charges of $230 million, the result of the company’s decision to close all 99 locations of Orchard Supply Hardware, which Lowe’s purchased out of bankruptcy in 2013.
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