News | First quarter

Back

Lowe’s increases comparable sales by 26 per cent

As of 30 April 2021, Lowe's operated 1 972 home improvement and hardware stores in the United States and Canada.

As of 30 April 2021, Lowe's operated 1 972 home improvement and hardware stores in the United States and Canada.

US home improvement chain Lowe's reports total sales of USD 24.422 bn (EUR 20.00 bn) for the first quarter (ending 30 April) of its fiscal year 2020/2021. This is an increase of 24.1 per cent. Comparable sales increased by 25.9 per cent. Comparable sales for the US home improvement business increased by 24.4 per cent. "We delivered over 30 per cent growth in pro, over 18 per cent growth in all 15 US regions, and growth in Canada that outpaced the US," commented Marvin R. Ellison, Lowe's president and CEO.

|20 May 2021 | 10:22


Post a comment

* Please complete the areas marked in red correctly and in full!.



(will not be published)

* obligatory fields


Latest news

The pandemic has turned the French into better DIYers

Due to the pandemic, living and the home have become more important to the French. In the past two years, they have taken on more improvement View news...

“I just love trade fairs”: John Herbert talks with Gerald Böse

The fact that the international home improvement and gardening industry hopes to be able to visit trade fairs again next year was made clear once View news...

How do I get on page 1 of the Amazon search?

How to work successfully as a supplier with the data-driven business model of e-commerce market leader Amazon was the subject of another online View news...

German home improvement sales in 2021 significantly short of previous year

This year, home improvement stores in Germany are set to experience a 9.1 per cent downturn in sales compared with the record year of 2020. This View news...