Lowe's Companies Inc
LOW: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| C&g | LOCK|YR< | LOCK|@#N!lBqF |
Lowe's Earnings: Core Business Marches Along While FBM Acquisition Provides Growth Opportunities
Lowe's delivered second-quarter sales of $24 billion on 1.1% same-store sales growth and adjusted earnings per share of $4.33. It also announced the acquisition of Foundation Building Materials for $8.8 billion, gaining exposure to the North American interior building product distribution network.
