Laurus Company's Q4 earnings and comparable sales exceeded expectations

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Investing.com - Lowe’s reported an adjusted Q4 earnings of $1.98 per share, up from $1.93 in the same period last year and exceeding Bloomberg consensus estimates of $1.94.

The home improvement retail chain’s comparable sales increased by 1.3%, surpassing the expected 0.47% growth.

Net sales rose 11% to $20.58 billion, beating the forecast of $20.35 billion.

(This is a quick news report; detailed information will be updated later.)

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