(Reuters) – Home improvement chain Lowe’s Cos Inc raised its full-year sales forecast on Wednesday, as home improvement retailers benefit from resilient demand for tools and building materials.
Lowe’s said it expects fiscal year 2022 total sales of $97 billion to $99 billion, compared to a previous forecast of $94 billion to $97 billion.
(Reporting by Uday Sampath in Bengaluru; Editing by Sriraj Kalluvila)
