Despite Drop In Profit, Lowe's Beats Wall Street's Q1 Expectations
SOUTH SAN FRANCISCO, CA - MAY 18: A Lowe's employee helps a customer lift a box into his truck in the parking lot of Lowe's home improvement store May 18, 2009 in South San Francisco, California. Lowe's Inc. reported a twenty two percent drop in first quarter profit with earnings of $476 million, or 32 cents per share compared to $607 million, or 41 cents per share one year ago. (Photo by Justin Sullivan/Getty Images)
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