It says sales increased 2.4 percent to $14.5 billion.
Thomson Reuters says analysts expected a profit of 56 cents per share on revenue of $14.1 billion.
Lowe's 2Q profit drops 7.9 pct, beats view
NEW YORK (AP) - August 18, 2008
The Mooresville, N.C. retailer said Monday that earnings fell to
$938 million, or 64 cents per share, in the three months ended Aug.
1. That compares with a profit of $1.02 billion, or 67 cents per
share, in the year-ago period.
