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Lowe's beats Wall Street expectations as it starts to break out of sales slump

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Summary
Nutrition label

79% Informative

Lowe's beat Wall Street's fourth-quarter earnings and revenue expectations and forecast modest growth in the year ahead .

The company's better-than-expected performance comes after rival Home Depot snapped an eight-quarter losing streak for comparable sales.

Higher borrowing and higher home costs have slowed demand for home improvement projects.

Shares of Lowe 's rose more than 2% in early trading, after the company's outlook pointed to potential for improving trends.

VR Score

90

Informative language

95

Neutral language

83

Article tone

formal

Language

English

Language complexity

38

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

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