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Ellison Marvin Lowes 23Lowes slows down

from WFH highs

Loses market share to
Home Depot & Ace H/W


Lowes
the US #2, $100Bn sales home improvement retailer reported Q4'22 financial results. CEO Marvin Ellison commented on a better than expected performance especially its PRO business with SMB-trades people, but made no reference to lost market share with main rivals.

"Tomorrow's News Today,

not yesterday's news tomorrow."

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