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Lowe's Improves Its Earnings Outlook

TheMotleyFool

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Lowe's (NYSE: LOW) pandemic boost might be over. The home improvement giant this week announced declining comparable-store sales to mark a sharp turnaround from the 24% spike it posted in the previous quarter.

The results still described a stronger business than investors saw before the pandemic struck, especially with respect to profitability. But Lowe's market share battle with rival Home Depot (NYSE: HD) seems likely to continue pinching the business.

Image source: Getty Images.

Source Fool.com

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