Home improvement chain Lowe’s raises annual sales forecast -Breaking
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© Reuters. FILE PHOTO: An employee replenishes stock at Lowe’s Home Improvement chain in Austin Texas. February 27, 2017, U.S. Image taken on February 27, 2017. REUTERS/Mohammad Khursheed(Reuters) – Home improvement retailer Lowe’s (NYSE) Cos Inc increased its full-year forecast Wednesday due to resilient demand for building materials and tools.
Lowe’s stated that it anticipates 2022 fiscal year total sales between $97 and $99 billion. This is compared with a prior forecast of $94 to $97 trillion.
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