Lowe's beats quarterly sales estimates

Lowe's Companies

Lowe's Companies

LOW

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May 20 (Reuters) - Lowe's LOW.N beat Wall Street estimates for first-quarter sales on Wednesday, helped by steady demand from professional customers even as households push back big-ticket do-it-yourself projects amid macroeconomic uncertainty.

The home improvement retailer posted quarterly sales of $23.08 billion, compared with analysts' estimates of $22.97 billion, according to data compiled by LSEG.


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