Lowe's profit drops 19% in quarter
Chain's earnings fell on weaker-than-expected sales; Dow follows
Posted: August 18, 2009 at 3:22 a.m.
No. 2 home improvement retailer Lowe's Cos. on Monday said second quarter earnings fell 19 percent on weaker-than-expected sales, adding fresh fuel to doubts about the ability and willingness of consumers to lead the U.S. economy out of recession.
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Business, Pages 19, 20 on 08/18/2009
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