Lowe's raises annual revenue forecast

Nov 17 (Reuters) - Home improvement chain Lowe's Cos Inc raised its full-year sales forecast on Wednesday, boosted by higher demand from builders and contractors, as well as a strong U.S. housing market.

Lowe's (LOW) said it expects fiscal year 2021 total sales of about $95 billion, compared to a previous forecast of about $92 billion. (Reporting by Uday Sampath in Bengaluru; Editing by Maju Samuel)

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