What Analysts Expect from Lowe’s Revenue in 2018
Analysts are expecting Lowe’s Companies (LOW) to post revenue of $71.3 billion in 2018, which represents a rise of 3.9% from $$68.6 billion in 2017. Revenue growth is expected to be driven by the addition of new stores, positive SSSG (same-store sales growth), and incremental sales from the acquisitions of Maintenance Supply Headquarters and Central Wholesalers. Lowe’s management is expecting revenue to rise 4% in 2018 with SSSG at 3.5%.