Lowe's Looks to Grow With Pros as Consumer Demand Dwindles

The home improvement market could use some improvement itself.That’s the latest from Lowe’s Companies Inc. During its second-quarter 2024 earnings call Tuesday (Aug. 20), the company revised its annual forecasts downward, citing a challenging macroeconomic environment dampening consumer spending on home improvement projects.As a result, and for the sixth straight quarter, Lowe’s posted a year-over-year sales decline.Total sales for the quarter were down 5.1% to $23.6 billion, compared to$25 billion a year ...