Sales Were Up, Foot Traffic Was Too — But Lowe’s Disappointed Investors
PYMNTS
FEBRUARY 28, 2018
Given the rapidly evolving competitive landscape, we are also accelerating our strategic investments, leveraging the benefits of tax reform.”. Although the retailer’s revenue number was a beat, it still represents a year-over-year decline of about 2 percent — Lowe’s just declined less than analysts were expecting. “But tax reform.
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