It forecast that earnings will be $6.45 to $6.65 per share in fiscal 2020 on an adjusted basis. According to Refinitiv, analysts were expecting the retailer to earn $6.34 to $6.92 per share. Along with efforts to revamp its online business, Lowe's named Marisa Thalberg its new chief brand and marketing officer in January. Thalberg, previously global chief brand officer at Taco Bell, reports directly to Ellison. Lowe's plans to hire more than 53,000 full-time and part-time employees for the spring, which is the busiest season for home improvement projects. Read Lowe's press release here.