Lowe’s quarter profit beats forecasts

Posted: February 26, 2013 at 2:51 a.m.

A customer pushes a shopping cart outside a Lowe’s store in East Peoria, Ill., on Wednesday. Lowe’s reported a fourth-quarter profi t Monday that beat analysts’ estimates.

Lowe’s Cos., the second largest U.S. home-improvement retailer, posted a fourth quarter profit Monday that exceeded analysts’ estimates, helped by spending on remodeling and superstorm Sandy repairs.

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Business, Pages 28 on 02/26/2013