Aug 20 (Reuters) - Lowe's lowered its annual
profit forecast on Tuesday, as hopes of a recovery in big-ticket
home improvement projects turn dim in the face of cautious
consumer spending.
The company now expects full-year earnings per share of
about $11.70 to $11.90, compared with its prior forecast of
about $12.00 to $12.30.
(Reporting by Juveira Tabassum; Editing by Shinjini Ganguli)