Lowe’s returns to positive comparable sales growth
Lowe’s (NYSE:LOW) reported total sales in Q4 trickled 0.3% lower year-over-year to $18.6 billion. Comparable sales increased 0.2% during the quarter, driven by high-single-digit Pro and online comparable sales, strong holiday performance, and rebuilding efforts in the wake of recent hurricanes, partially offset by continued near-term pressure