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Archive Home > 2008 > May > 20 > Lowe’s reports drop in first-quarter profit

Lowe’s reports drop in first-quarter profit


May 20, 2008

CHARLOTTE, N.C. — Lowe’s Cos., the nation’s second biggest home improvement retailer, reported a 17.9 percent drop in first-quarter earnings and lowered its guidance for the year on Monday as the slumping U.S. housing market and softer economy hurt....

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