Lowe's Says Tempers' Full-year Profit Forecast On Higher Gas Costs, Home Price Declines May Extend Into 2012

by Theo Kratz, Benzinga Staff Writer
May 16, 2011 10:50 AM | 11 seconds read |
Lowe's LOW says, "tempers full-year profit forecast on higher gas costs... higher fuel prices crimping discretionary spending... homeowners `poised' to spend once gas prices abate... home price declines may extend into 2012."
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