Lowe's Raises Guidance After Good Third Quarter

Mooresville, NC, Nov. 19, 2014 -- Lowe's reported third-quarter net income of $585 million, or $0.59 per share, compared with earnings of $499 million, or $0.47 per share a year ago.

Lowe's revenue rose more than 5% to $13.68 billion.

The company raised its earnings expectations for the year by $0.05 per share.