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Added on the 26/07/2018 15:41:48 - Copyright : Wochit
On Wednesday, Lowe's reported quarterly same-store sales growth of more than 30%. Sales for the third quarter were $22.3 billion. That's compared to $17.4 billion in the same quarter in 2019. Lowe's said their online sales doubled in the third quarter. The company's earnings of $1.98 per share were one cent short of estimates from analysts, and its shares fell. Lowe's net income fell to $692 million, or 91 cents per share, for the quarter ending October 30, 2020.
Facebook's US and Canada daily user base dropped to 196 million for the third quarter,. This is compared to 198 million for the second quarter, the company said in its earnings release. Facebook's monthly active users also dropped, by one million, down to 255 million. "As expected... we saw Facebook DAUs and MAUs in the US & Canada decline slightly from the second quarter 2020 levels which were elevated due to the impact of the COVID-19 pandemic," CFO Dave Wehner. Many Facebooks users are moving towards Instagram and Tiktok.
Ty Dolla $ign marked the one-year anniversary of late rapper Nipsey Hussle's death by sharing an unreleased collaboration featuring his posthumous vocals and Cardi B.
Sitting on a five inch booster seat, Facebook CEO Mark Zuckerberg, underwent five hours of questioning from Congress on Tuesday.
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