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quarterly salesCNBC
•79% Informative
Lowe's posted a year-over-year sales decline for the sixth straight quarter .
The company says it expects comparable sales to fall by 3.5% to 4% , compared to its previous forecast of 2% to 3% .
It cited "lower-than-expected DIY sales and a pressured macroeconomic environment," Lowe's says.
Its results come a week after rival Home Depot said it expected a weaker second half of the year .
VR Score
90
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