Lowe's tops earnings estimates
Lowe's(US:LOW) CNBC Televisionยท2025-08-20 15:51Retail is the story of the morning. We've got a number of results. Target, Lowe's.Courtney Reagan just speaking with the CEO of Lowe's and joins us with some comments. Morning, Courtney. Hi, good morning Sarah.Yes, so I just spoke with CEO Marvin Ellison getting more perspective on the quarter and this big acquisition. He said, "We estimate that you have roughly $50 billion in deferred projects in home because customers are just waiting to get a little bit more overall confidence in the macro environment. S ...