Highlights from the Lowe's (LOW -5.4%) earnings CC: The hunt for Canadian firm Rona pushes on,...

|About: Lowe's Companies, Inc. (LOW)|By:, SA News Editor

Highlights from the Lowe's (LOW -5.4%) earnings CC: The hunt for Canadian firm Rona pushes on, with a friendly deal preferred but a hostile takeover not ruled out. Says improvements in inventory and cost reductions after line reviews. Sees same-store sales flat for H2 with macro challenges still in place. Guidance assumes $1.5B in additional share buybacks, $18B 4-year share repurchase plan still in place. (transcript)