Wednesday, May 20, 2020

Lowe's Withdraws FY20 Outlook Amid COVID-19; Q1 Results Top Estimates

While reporting financial results for the first quarter on Wednesday, home improvement retailer Lowe's Cos., Inc. (LOW) said it is withdrawing its previously communicated financial guidance for the full-year 2020, due to the limited visibility into future business trends in this unprecedented operating environment amid the COVID-19 outbreak.

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