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Tuesday, May 12, 2026

Lowe’s Quarterly Profit Falls

Lowe’s Cos., the nation’s second biggest home improvement store chain, said Friday that its fourth-quarter profit fell 11.5% as the market slowed amid a continued slump in the housing sector. But the results topped expectations and the company’s shares rose nearly 5%.

*For more on this story,

read the full Associated Press article.

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