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People plowing money into homes result in Lowe’s Q4 results to surge

People plowing money into homes result in Lowe’s Q4 results to surge

The strong sales streak has been extended by Lowe’s Co. through the holiday season as investments in their homes were continued by customers during the pandemic. The fourth-quarter profits for the second largest home improvement retailer behind Home Depot doubled from a year ago with an increase in 27% seen in sales. The expectations of the Wall Street were surpassed by both the results.

Sandra
Sandra
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