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Lowe’s sees better 2010 as 4Q profit rises (AP)

Monday, February 22, 2010, 15:09
This news item was posted in Economy category and has 0 Comments so far.

In this photo taken Jan. 28, 2010, customers Brenda Cox, left, and Bill Williford, center, check out at a Lowe's store in North Little Rock, Ark. Costs cuts and a modest sales gain helped Lowe's Cos.' fourth-quarter profit rise 27 percent, the No. 2 home-improvement chain said Monday, Feb. 22, 2010.(AP Photo/Danny Johnston)AP – Consumers responded to Lowe’s rebates for higher-priced items such as cabinets and countertops, a sign home owners are starting to consider bigger remodeling projects as the economy stabilizes.


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