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Lowe’s sees steeper drop in annual comparable sales on weak demand

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All posts tagged "Lowe’s"

Shoppers load a box of merchandise into a truck after visiting a Lowe's hardware store in Philadelphia, Pennsylvania, U.S. November 4, 2020. REUTERS/Mark Makela/File Photo

Shoppers load a box of merchandise into a truck after visiting a Lowe's hardware store in Philadelphia, Pennsylvania, U.S. November 4, 2020. REUTERS/Mark Makela/File Photo

Business

Lowe’s sees steeper drop in annual comparable sales on weak demand

Due to consumers’ hard-hitting inflation and reduced spending on home improvement projects, Lowe’s Cos (LOW.N) anticipated a more significant loss in annual comparable sales...

Gary BakerTue, 2023-Nov-21 12:30:00

Business

Lowe’s reduces annual predictions as home improvement demand wanes.

On Tuesday, Lowe’s Cos Inc (LOW.N) lowered its year comparable sales and profit estimates as high inflation cuts consumer discretionary spending and home renovation...

Isiah GoldmannTue, 2023-May-23 10:53:33

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