Lowe's net sales top Wall Street estimates in the first quarter

Investing.com -- Lowe’s (NYSE: LOW) has reported net sales of $21.36 billion in the first quarter, slipping by 4.4% compared to the year-ago period but above Bloomberg consensus estimates.

The DIY retailer also confirmed its full-year outlook, adding that it is "pleased" with the start to its spring performance.

Shares in Lowe's were higher in premarket U.S. trading on Tuesday.

This is a developing story. Please check back later for updates.

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