Lowe’s stock rises despite home-improvement retailer’s downbeat outlook
Shares of Lowe’s Cos. were rising Tuesday after the home-improvement retailer’s big quarterly profit beat was overshadowed by a downbeat full-year outlook. While profit increased amid improved gross margin, sales fell from a year ago due to “a slowdown in [do-it-yourself] demand and unfavorable January winter weather,” the company said in a release.After declining in premarket trading, the stock LOW, +2.31%is up 2.8%.Net earnings for the company’s fiscal fourth quar
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