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Lowe's lifts forecasts after solid Q2, acquires FBM for $8.8bn

Published by Josh White on 20th August 2025

(Sharecast News) - Lowe's Companies delivered better-than-expected second-quarter earnings on Wednesday and announced an $8.8bn deal to acquire Foundation Building Materials (FBM), stepping up its push into the professional construction market and outpacing rival Home Depot's recent acquisition move.

URL: http://www.digitallook.com/dl/news/story/35299674/...

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