The company said sales related to hurricanes Irma and Harvey reached $200 million in the quarter, pushing revenue to $16.77 billion. That's better than the $16.57 billion Wall Street was looking for and it topped last year's revenue of $15.74 billion. Net income was $872 million, or $1.05 per share, also besting industry analyst projections by 3 cents per share. Still, investors were not wowed in premarket trading Tuesday because, unlike rival Home Depot Inc., the storms did not lead higher profit or sales projections. Lowe's did lower general and administrative costs to $3.81 billion, from $4.08 billion.

Source: ABC News November 21, 2017 11:18 UTC