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Heard on Lowe's (LOW -1.9%) earnings call: 1) A bullish forecast on gross margins is tied to...

Heard on Lowe's (LOW -1.9%) earnings call: 1) A bullish forecast on gross margins is tied to resets from the value proven program and a better balance in promotional activity. 2) Lumber, countertops, and cabinet categories performed strong in Q4. 3) The company is seeing performance improve in regions which saw the hardest real estate slump - including Florida, Las Vegas, and Arizona. (webcast)
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