Lowe's gains on smaller-than-expected drop in comparable sales
ReutersMay 21, 2025 10:21 AM
Shares of home improvement retailer Lowe's LOW.N rise ~3% to $237.71 premarket
Beats first-quarter comparable sales estimates on steady demand
Reports 1.7% dip in same-store sales vs analysts' estimates of 2% decline, as per data compiled by LSEG
Maintains annual comparable sales and profit forecasts
Up to last close, stock down 6.3% YTD
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