Lowe's Companies net earnings jumped 47 percent
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Diluted earnings per share increased 58.6 percent to $0.46
Sales for the fourth quarter increased 7.6 percent to $12.5 billion from $11.7 billion in the fourth quarter of 2013, and comparable sales for the quarter increased 7.3 percent.
$12.5
billion were sales for the fourth quarter.
the company repurchased $1 billion of stock under its share repurchase program and paid $225 million in dividends in the fourth quarter. For the fiscal year, the company repurchased $3.9 billion of stock under its share repurchase program and paid $822 million in dividends.
As of January 30, 2015, Lowe's operated 1,840 home improvement and hardware stores in the United States, Canada and Mexico representing 200.9 million square feet of retail selling space. ■