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Lowe's same-store sales miss Wall St forecasts

Feb 27 (Reuters) - U.S. home improvement chain Lowe's Companies Inc missed Wall Street forecasts for same-store sales on Wednesday, citing poor performance in Canada.

Sales at Lowe's stores open for at least 13 months rose 1.7 percent in the fourth quarter ended Feb. 1, below analysts' average estimate of a 2.03 percent increase, according to IBES data from Refinitiv.

Net sales rose to $15.65 billion from $15.49 billion, but missed expectations of $15.74 billion. (Reporting by Nivedita Balu in Bengaluru; Editing by Sai Sachin Ravikumar)