Lowe’s Posts Higher 2Q Earnings Boosted By Housing RecoveryMani
Lowe's Companies, Inc. (NYSE:LOW), the second largest home improvement retailer worldwide, reported analyst-beating second-quarter earnings.
Backed by an improved housing market, the retailer’s net income jumped 26 percent to $941 million, or 88 cents a share, up from $747 million or 64 cents, during the past year.
Beats analysts' estimates
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