Tag: Lowes

Why Pool Corp., Home Depot, and Lowe’s Took a Dive Today

Shares of housing-related stocks Pool Corp. (NASDAQ: POOL), Home Depot (NYSE: HD), and Lowe’s (NYSE: LOW) were falling in Tuesday’s trading, down 6.9%, 4.1%, and 4.6%, respectively, as of 1:12 p.m. ET. When housing-related names all fall in tandem, it’s likely a sign of something going awry with either one major name, or more generally […]

Lowe’s cashier accused of embezzling $17K

MEMPHIS, Tenn. (WREG) — Memphis Police say an employee of a Lowe’s Home Improvement store embezzled more than $17,000 over three months. Bessie Owens, 39, has been charged with theft of property worth $10,000-$60,000. Memphis Police responded to the Lowe’s Home Improvement store on Thursday and according to police, an employee with loss prevention told […]

Lowe’s cashier accused of embezzling $17K

MEMPHIS, Tenn. (WREG) — Memphis Police say an employee of a Lowe’s Home Improvement store embezzled more than $17,000 over three months. Bessie Owens, 39, has been charged with theft of property worth $10,000-$60,000. Memphis Police responded to the Lowe’s Home Improvement store on Thursday and according to police, an employee with loss prevention told […]

Man walked past Lowe’s checkout with home water heater

May 24—A Decatur man accused of walking out of Lowe’s Home Improvement with a 16,000 BTU residential water heater that he didn’t pay for was charged with second-degree retail theft and booked into Morgan County Jail on Thursday, according to a Decatur police affidavit. Moises Gallo Jr., 42, remained in jail Friday in lieu of […]

Lowe’s beats estimates, even as DIY consumers pull back

Lowe’s (LOW) customers pulled back their hammers and nails again this quarter. On Tuesday morning, the home improvement retailer posted revenue of $21.36 billion, higher than the $21.13 billion Wall Street expected. Same-store sales fell 4.1%, a slight improvement from the 4.3% drop seen in Q1 of last year. The company alluded to a decline […]