Monday, February 25, 2008

Lowe's posts lower 4Q profit (AP)



Wiley Walker, right, checks out contractors buying supplies at a Lowe's home improvement store in Matthews, N.C., Monday, Feb. 25, 2008. Lowe's Cos., the nation's second biggest home improvement retailer, said Monday that a softer U.S. housing market helped drive its fourth-quarter earnings down 33.4 percent. (AP Photo/Chuck Burton)AP - Lowe's Cos., the nation's second biggest home improvement retailer, said Monday that a softer U.S. housing market helped drive its fourth-quarter earnings down 33.4 percent.




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