Comment on Lowe's 4Q profit meets analysts' estimates

Lowe's 4Q profit meets analysts' estimates

MOORESVILE, N.C. (AP) — Lowe's fiscal fourth-quarter net income rose 6 percent, as the home-improvement retailer continued to benefit from the housing market's recovery. Lowe's financial report comes a day after larger rival Home Depot Inc.'s results topped analysts' estimates on cost cuts despite sluggish sales.

 

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