Lowe’s expectations exceeded in fourth quarter

In the fourth quarter of the 2020/2021 financial year (31 January), US DIY store group Lowe’s Companies Inc. (Mooresville, North Carolina) increased its turnover by 26.7% to US$20.311bn (Nov. 2019-Jan. 2020: 16.027bn). Business thus developed along better lines than expected. In autumn, the company had forecast ...

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