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flag Lowe’s beat earnings estimates but warned of slow growth due to housing challenges, cutting jobs and lowering stock.

flag Lowe’s reported stronger-than-expected fourth-quarter earnings and revenue, with adjusted EPS of $1.98 and $20.58 billion in sales, driven by pro customers, online growth, and home services. flag Despite beating estimates, the company issued cautious fiscal 2026 guidance, projecting flat to 2% comparable sales growth and EPS of $12.25 to $12.75, below analyst expectations. flag The outlook reflects ongoing housing market pressures, high mortgage rates, and consumer hesitation on large renovations. flag Lowe’s also announced about 600 job cuts to reallocate resources to stores and digital/AI initiatives, contributing to investor concern. flag The stock declined despite the earnings beat, reflecting worries over near-term growth.

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