LOW Rises On Expected Rise In Store Sales

Shares of Lowe’s Companies Inc LOW are moving up after the company expected a rise in its store sales. LOW’s shares gained 2.71% to $20.12 at 10:15 am. LOW is expecting a rise of about 2% in the store sales open at least a year for the fiscal year. However, the company has posted weaker-than-expected results for the second quarter. LOW’s shares have lost 5.68% over the last month and moved down 15.16% so far this year. Read more from Benzinga's Company news.