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Lowe's tops quarterly expectations

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Lowe's reported earnings of $2.14 per share on $21 billion in revenue. That's up 0.5% from a year earlier.

Earnings were 12 cents above analysts' expectations, while revenue beat projections by $30 million.

Comparable-store sales rose by 2.3% during the second quarter.

Read more from GuruFocus.com.

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