Robert Niblock
Latest Robert Niblock News
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Lowe's 1Q Profit up, but Cuts 2012 Profit Outlook
housing market and economic conditions. While warmer weather helped Lowe's quarterly results, Chairman, President and CEO Robert Niblock said in a statement that demand for seasonal products slowed toward the end of the period. Like many retailers, Lowe
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Muted Demand Leaves Lowe's 2nd-Qtr Profit Flat
Lowe's Cos. lowered its sales forecast for the second half of its fiscal year due to consumers' uncertainty, CEO Robert Niblock told The Associated Press. Niblock cited three factors likely to hurt spending: the debate in Washington this month over
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Lowe's 2Q Net Income Flat on Muted Demand
Despite some recovery in our seasonal business, our performance for the quarter fell short of our expectations," said CEO Robert A . Niblock , in a statement. Lowe's said its store in Sanford, N.C., which was destroyed by a tornado on April 16, will reopen
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Lowe's profit, revenue miss expectations
compared to last year's fiscal stimulus-aided results led to lower than expected sales in the second quarter," said Robert Niblock , Lowe's chairman and CEO. The No. 2 home-improvement retailer says profit fell to $759 million, or 51 cents a share
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Construction gets hammered again
We continue to experience weakness in spending for larger projects and more discretionary purchases," Lowe's low CEO Robert Niblock said Monday on a conference call with analysts. "Today, nearly 90% of our stores are in markets experiencing year
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Lowe's Q3 profit falls 10%, outlook is slashed
correction, drought conditions in several U.S. markets, and slower than expected sales in Gulf Coast markets," said Robert Niblock , Lowe's chairman and chief executive. "Clearly the largest of these impacts was the unstable housing environment evidenced
