More on Lowe's Q2: FY outlook of $1.48-$1.54 is below reduced guidance of $1.56-$1.64 the...

|By:, SA News Editor
More on Lowe's Q2: FY outlook of $1.48-$1.54 is below reduced guidance of $1.56-$1.64 the company gave in May, when it also trimmed its sales growth estimate to about 4%. Lowe's is taking a hit from closed stores, as well as economic uncertainty and rising costs. Shares -4.7%.