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Lowe's outperforms Home Depot in stormy quarter

from Reuters

Lowe's Cos Inc. reported strong growth in quarterly sales, showing that the No. 2 U.S. home improvement retailer was narrowing the gap with market leader Home Depot Inc. Lowe's shares rose more than 6 percent in early trading, after the company reported that net sales increased 5.6 percent to $11.66 billion in the fourth quarter ended Jan. 31. more


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