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Lowe's Sinks On Plethora Of Issues

Credit: Wochit Business
Published on May 22, 2019 - Duration: 00:38s

Lowe's Sinks On Plethora Of Issues

Lowe's shares fell early Wednesday after the company reported first-quarter earnings.

The North Carolina-based retailer cut its full-year adjusted earnings-per-share outlook.

The first-quarter miss was "unexpected," Morgan Stanley analysts said.

Watch Lowe's trade live.

Lowe's shares fell early Wednesday after first-quarter earnings fell short of analysts' expectations and the company slashed its full-year outlook.

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Lowe's Sinks On Plethora Of Issues

A MAY 21, 2018, PHOTO AN APRIL 18, 2017, FILE PHOTO MANDATORY CREDIT A MAY 21, 2018, FILE PHOTO

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