Lowe's outlook disappoints; retailer still lags Home Depot
Lowe's Cos Inc reported slightly lower-than-expected quarterly earnings and gave a disappointing fiscal-year outlook, underscoring the No. 2 home improvement retailer's struggle to catch up with market leader Home Depot. Wednesday's news came the day after strong results from Home Depot Inc , which increased its forecast for the year for the third time in three quarters as rising housing prices …
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