Lowe’s surpassed Wall Street estimates for third-quarter earnings and revenue as outdoor projects, professional business, and online shopping drove sales. The company exceeded Wall Street expectations for both earnings per share and revenue in the third quarter. Lowe's adjusted its full-year sales guidance upward while anticipating a smaller decline in comparable sales than previously forecasted. Lowe's experienced declines in net income, earnings per share, and revenue in the fiscal third quarter compared to last year.
