Lowe's Sees Mixed Q2 Performance, Lowers Full-Year Forecast

Reported about 2 months ago

Lowe's reported mixed results for the second quarter, missing revenue estimates with $23.59 billion against the anticipated $23.9 billion but exceeding profit expectations at $4.10 per share versus $3.97. The retailer also fell short of same-store sales forecasts and adjusted its full-year outlook downward due to economic pressures.

Source: YAHOO

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