Lowe's 3Q profit falls 24 percent on slow spending

Lowe's Cos. said its third-quarter profit fell 24 percent as consumers postponed home-improvement projects and big-ticket purchases as an all-but-certain recession looms.

But despite the grim figures, the results still beat Wall Street's expectations.

Read Full Article from Associated Press

- Posted: 2008-11-17 09:03:11

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