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Benzinga
Benzinga
Business
Priya Nigam

Lowe's Beats Expectations, Raises Guidance, Spends $8.8 Billion To Boost Pro Customer Offerings

Lowe's

Lowe’s Companies Inc (NYSE:LOW) reported better-than-expected sales and earnings for the second quarter, while raising its full-year guidance and unveiling a significant acquisition.

The Lowe’s Companies Analyst: JPMorgan analyst Christopher Horvers reiterated an Overweight rating on the stock.

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