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Lowe’s like Home Depot, puts up big numbers as housing booms

Lowe's reported surging first-quarter profits and comparable-store sales boomed in the midst of a strong recovery in the U.S. housing market. The Mooresville, North Carolina, company boosted its outlook for the year, as did its rival, Home Depot on Tuesday, as home improvement stores continue to distance themselves from a retail sector that can't seem to ...

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