Lowe's Q3 Net Sales Rise, But Earnings & EPS Fall
Mooresville, NC, November 16, 2016—Lowe's reported net earnings of $379 million and diluted earnings per share of $0.43 for Q3 2016, compared to net earnings of $736 million and diluted earnings per share of $0.80 for Q3 2015.
This year’s net earnings include certain non-cash pre-tax charges of $462 million.
Net sales for Q3 2016 were $15.7 billion compared to $14.4 billion in Q3 2015.