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Lowe's lowered its full-year sales and profit forecasts after Q2 revenue missed Wall Street estimates. Weak discretionary DIY spending and frozen housing market conditions continue to drag on perform…
Lowe's shares dropped despite beating Q2 earnings estimates as weak full-year guidance raised concerns over consumer spending and housing-related demand, pressuring the retail sector and broad market…
Lowe's cut its full-year guidance towards the lower end of prior forecasts due to persistent weakness in discretionary DIY spending and a frozen housing market. Second-quarter revenue slightly missed…