Home Depot, Lowe’s cut profit guidance as housing market remains pressured

This story was originally published on Retail Dive. To receive daily news and insights, subscribe to our free daily Retail Dive newsletter. A relatively weak housing market and ongoing economic uncertainty continued to challenge the home improvement sector’s biggest players in the third quarter. The Home Depot on Tuesday said its Q3 results missed its expectations due to the lack of storm activity causing pressure in some categories. The retailer reported third quarter net sales increased 2.8% year over ...