Lowes post record sales and profit !! Stock over $250 a share. Amazing
8 replies (most recent on top)
Time to take those one time write offs and close some stores.
You should thank your lucky stars that Lowes is led by a GREAT MAN whose Christian faith permeates every part of this employee-focused company!
If you can’t condone the way the company does business then why work for them? So many people on here talk so much trash. Act like they are so incredible, so smart , so sought after. But yet they stay at Lowe’s year after year ….. why ? Maybe not that sought after ?
Many here have stock in the company and i'm happy for those who have profited. That said i do not have Lowes stock as i cannot condone their business approach and buying stock would be essentially looking the other way. The employee discount for the stock makes it tempting i'll admit that. Maybe if the upper executives had to actually purchase their stock i would look at it differently but when its given as part of their compensation package it just encourages decisions to be made with only short term profits in mind.
I left Lowes 4 yrs ago but still own all of my stock. The value of my shares has doubled since then(2017). I couldn’t stand working for the company but I intend to remain a shareholder.
I must say, I like owning the stock all while working for another company now.
All while screwing over the rank and file. Great job. Yea.
Can you say fudging the numbers , cooking the books. There's no way Lowes beat the forecast year to date.