• Home Improvement

    Lowe’s (LOW) earnings Q2 2021 beat projections

    Lowe’s shares soared Wednesday after the company reported better-than-expected earnings and raised its sales forecast, as its attempt to win business among home professionals gained traction and consumers looked to tackle bigger home projects. The home improvement retailer said it anticipates $92 billion in revenue this year, up from a prior forecast of $86 billion. Shares closed Wednesday up 9.59% to $199.73. Lowe’s has picked up sales over the past year as consumers bought new houses, renovated kitchens and took on do-it-yourself projects while stuck at home during the pandemic. As consumers get vaccinated and become more mobile again, however,  

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