Lowe’s Quarterly Profit Tops Estimates, Same Sales Miss. The Stock Rises.

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reported fiscal second-quarter adjusted earnings that topped analysts’ forecasts, and said it expects fiscal-year sales toward the bottom end of $97 billion to $99 billion.

Shares of


(ticker: LOW) were up 3.2% in premarket trading to $221.. Coming into Wednesday, the stock has declined 17.2% this year.