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Lowe’s boosts net income by 8.4%

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Published in issue 36/2015
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The US DIY store chain Lowe’s Companies Inc., based in Mooresville, North Carolina, ended the second quarter of its 2015/16 financial year (ending 31 January) with an 8.4% year-on-year growth in net profits to USD1.13bn (May-July 2014: 1.04bn). Earnings before tax improved 8.6% to USD1.84bn (1.69bn). Revenues jumped ...

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