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Lowe's: adjusted EPS up 41% in Q4

(CercleFinance.com) - Lowe's Companies has reported Q4 net profit of 978 million dollars or 1.
32 dollar per share.

Adjusted EPS rose by 41.5% to 1.33 dollar, exceeding the consensus.

The DIY chain's revenues increased by 28.1% LFL to 20.3 billion dollars, including 28.6% growth at its US home improvement business.

Reporting FY adjusted EPS of 8.86 dollars, the Mooresville (North Carolina) based group confirms that it expects further market share gains and an improvement in its operating margin in 2021.


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