Why Analysts Expect Lowe’s Revenues to Rise in 2018
Has Lowe’s Stock Price Bottomed Out? This revenue growth is expected to be driven by positive SSSG (same-store sales growth), the addition of new stores, and incremental sales from the acquisition of Maintenance Supply Headquarters and Central Wholesalers. Lowe’s management is expecting the company to post revenue growth of 4.0% with SSSG of 3.5%, and unit growth of ten units.