5 Factors That Have Lowe's CEO Bullish on the Home Improvement Industry
Home improvement retailer Lowe's (NYSE: LOW) beat analysts' expectations when it reported first-quarter earnings last week. In fact, ever since the onset of the pandemic, the company's revenue has been growing at a much faster rate than its historical average. This has left some investors curious about just how sustainable that growth rate is.
Shareholders will hopefully like what CEO Marvin Ellison had to say on that subject: His comments following the report's release confirm that he's optimistic about the long-term prospects for his company and the home improvement industry as a whole. Here's what he had to say:
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Source Fool.com
