Lowe’s Posts Higher Profit, Trims Outlook

Lowe’s Cos. trimmed its fat-one year earnings targets because the dwelling-enchancment retailer continues to work by operational challenges, equivalent to managing charges and adorning stock.

For the one year, Lowe’s now expects adjusted earnings between $5.45 and $5.65 a share, decrease than its outdated guidance of $6.00 to $6.10 a share.

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