Lowe's Looks To Keeping Stores Open Longer To Boost Sales

Home improvement retailer Lowe's (LOW) reported second-quarter results that fell short of estimates and sees full-year earnings below forecasts amid pressure on operating margins.

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Estimates: Earnings up 18% to $1.62 a share on 7% sales growth to $19.52 billion, according to Zacks Investment Research. Same-store sales to grow 4.3%, according to Consensus Metrix.

Results: EPS of $1.57 on revenue of $19.5 billion. Same-store sales increased 4.5%, with comps for the U.S....

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