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Lowe's misses quarterly sales estimates

Nov 19 (Reuters) - Lowe's Cos LOW.N missed Wall Street estimates for third-quarter comparable sales on Wednesday, as customers remained wary of spending on big-ticket home remodels amid economic uncertainty and elevated borrowing costs.
Same-store sales at the home improvement retailer rose 0.4% in the quarter ended October 31, compared with analysts' average estimate of a 1% growth, according to data compiled by LSEG.

 (Reporting by Savyata Mishra in Bengaluru; Editing by Sriraj Kalluvila)

 ((Savyata.Mishra@thomsonreuters.com))

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