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Fly News Breaks for August 19, 2015
LOW
Aug 19, 2015 | 09:51 EDT
BofA/Merrill continues to see Lowe's as a direct beneficiary of the consumer shift into bigger ticket purchases which should sustain comp growth. The firm believes margins will benefit from investments from the past few years and efforts to expand and differentiate products, increased focus on pro customers, and better in-store presentations.
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