Lowe's Slashes Its Guidance (low)

Joe Raedle/Shutterstock Lowe's reported mixed top and bottom line results. The home-improvement chain cut its full-year profit and sales forecasts. Shares fell about 2% Watch Lowe's trade in real time here. (Reuters) - Lowe's Cos Inc trimmed its full-year profit and sales forecast on Wednesday, as the home improvement chain plans to cut down inventories and pour money into faster-moving goods to keep sales up in the face of weakening U.S.

 

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