4 Key Takeaways From Lowe's Earnings Call
Lowe's(LOW) Investopedia·2024-08-20 17:00
Lowe's (LOW) executives spent Tuesday's earnings call discussing the retailer's struggles with lower discretionary spending from consumers, along with its efforts to expand its market share among professional contractors and improve its digital experience. The comments came after Lowe's second-quarter revenue came in lower than expected, leading the retailer to lower its full-year projections for sales and profits as inflation has led many consumers to hold off on larger home-improvement projects. Lowe's s ...