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Lowe's reports a 2% revenue drop but beats earnings, adjusting stock holdings and raising dividend.
Lowe's Companies, a home improvement retailer, saw mixed financial results in the recent quarter with a 2% revenue decline but beating earnings expectations.
Various investment firms adjusted their holdings, with some selling shares and others buying.
The company's stock has a market cap of $126.29 billion and a P/E ratio of 18.79.
Lowe's also announced a quarterly dividend of $1.20 per share, raising the annual yield to 2.13%.
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Lowe's informa una caída del 2% en los ingresos, pero supera las ganancias, ajustando las tenencias de acciones y aumentando los dividendos.