Lowe's said its third-quarter net income surged 76 percent, helped by lower costs and higher revenue, as the company's efforts to revamp its merchandise and prices appeared to be gaining traction.
November 19, 2012 at 12:00 AM
1 minute read
Lowe’s Cos.’ said Monday that its third-quarter net income surged 76 percent, helped by lower costs and higher revenue, as the company’s efforts to revamp its merchandise and prices appeared to be gaining traction.
Its adjusted earnings without charges and its revenue both beat Wall Street forecasts.
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