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KM Financial Solutions | UPDATE 2-Lowe’s profit and margins miss lowest Wall St estimate, shares tumble
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UPDATE 2-Lowe’s profit and margins miss lowest Wall St estimate, shares tumble

27 Feb UPDATE 2-Lowe’s profit and margins miss lowest Wall St estimate, shares tumble

Posted at 12:11h in News by
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Feb 28 (Reuters) – Lowe’s Companies Inc’s quarterly
profit and gross margins failed to beat even Wall Street’s
lowest estimate on Wednesday as the No.2 U.S. home improvement
chain’s margins fell, sending its shares down about 10 percent
premarket.

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