Lowe's stock jumps toward a record after profit and revenue beats, surprise growth in same-store sales
Marketwatch -

Shares of Lowe's Companies surged 2.1% into record territory in premarket trading Wednesday, after the home improvement retailer reported fiscal third-quarter profit and revenue that beat expectations, a surprise increase in same-store sales and raised its full-year outlook. Net income for the quarter to Oct. 29 rose to $1.90 billion, or $2.73 a share, from $692 million, or 91 cents a share, in the year-ago period. The FactSet consensus for earnings per share was $2.35. Sales grew 2.7% to...

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