Lowe’s reports decline in sales amid economic uncertainty
Total sales totaled $65.12 billion, marking a 3.92% decline, though strong online and pro sales offer optimism amid ongoing challenges.
Marvin Ellison
Lowe’s launches $2.5-million relief fund for small businesses in Western North Carolina
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Marvin Ellison’s Lowe’s shares dip below $200 million
This decline contrasts with a previous gain of $30.1 million between Sept. 6 and Oct. 18.
Lowe’s Chief Marvin Ellison sees stake rise above $210 million
Marvin Ellison, one of the few Black CEOs on the Fortune 500 list, owns 748,000 shares of Lowe’s.
Top Black executive Marvin Ellison loses $3.8 million from Lowe’s shares
Despite the decrease, Ellison remains one of the wealthiest Black CEOs in the United States and a prominent figure among global Black CEOs.
Lowe’s, led by Black executive Marvin Ellison, posts $21.4 billion in Q1 2024 sales
Despite the headline figures, Lowe’s reported positive growth in certain segments. The Pro division, catering to professional contractors, maintained steady sales.
Top Black CEO Marvin Ellison gains $1.2 million from Lowe’s shares in 15 days
This recent upswing comes on the heels of a previous downturn in Ellison’s wealth between April 1 and 19, during which his stake in Lowe’s decreased by $4.61 million.
Top Black CEO Marvin Ellison loses $4.6 million from Lowe’s shares
This recent setback comes on the heels of a previous surge in Ellison’s wealth between Feb. 20 and April 1, when his stake in Lowe’s increased by $6.63 million.
Top Black CEO Marvin Ellison gains $6.6 million from Lowe’s shares
This recent boost follows a previous rise in Ellison’s wealth, with his stake in Lowe’s seeing a $3.3-million uptick between Jan. 24 and Feb. 14.
Top Black CEO Marvin Ellison’s shares in Lowe’s reaches $55 million
The recent $4.31-million surge in Ellison’s stake in Lowe’s further cements Ellison’s position as one of America’s richest Black CEOs and one of the world’s leading executives.
Top Black CEO Marvin Ellison gains $3.3 million from Lowe’s shares
The recent $3.35-million surge in Ellison’s stake in Lowe’s further solidifies his position as one of the wealthiest Black CEOs in the U.S.
Top Black CEO Marvin Ellison loses $2.2 million from Lowe’s shares
Despite a $2.2-million reduction in Ellison’s Lowe’s stake, he retains his status as one of the world’s highest-ranking Black CEOs.
Top Black CEO Marvin Ellison gains $3.4 million from Lowe’s shares
The $3.4-million surge in Ellison’s stake in Lowe’s further cements his status as one of the world’s highest-ranking Black CEOs.