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Lowe's New Answer to an Old Problem

Lowe's New Answer to an Old Problem

Lowe's (NYSE: LOW) has been struggling for years to close the performance gap with industry leader Home Depot (NYSE: HD). The home improvement giant just finished out a year that paired sharp sales growth with improving profitability. Let's look at what Ellison and his team had to say about the fourth quarter and the early outlook for 2021.