Lowe's net earnings rise on higher home-improvement activity

02/27/2012 | Google

Lowe's announced its fourth-quarter net earnings climbed 13% to $322 million from $285 million in the same period last year. The retailer credits the increase to a surge in home-improvement projects. "We did have favorable weather, but even beyond that there's a greater willingness of the consumer to spend," Lowe's CEO Robert Niblock said.

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