Lowe's stock falls as investors focus on soft big-ticket items, overlook earnings beat

By MarketWatch   |   1 year ago
Lowe's stock falls as investors focus on soft big-ticket items, overlook earnings beat

Lowe's stock fluctuated despite exceeding third-quarter estimates and raising guidance due to mixed sales performance. Net income decreased to $1.695 billion with EPS at $2.99, beating estimates. Sales fell to $20.170 billion, still surpassing expectations.

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