Tag: $Lowe’s Companies Inc

Lowe’s on Tuesday cut its full-year forecast, as the home improvement retailer’s quarterly sales declined and it said it expects spending on do-it-yourself projects to weaken.

Lowe’s topped Wall Street’s quarterly earnings and revenue expectations on Tuesday, even as do-it-yourself customers bought fewer pricey items.

Lowe’s beat Wall Street’s earnings and revenue expectations for its fourth quarter.

Lowe’s lowered its full-year sales and earnings guidance, after weaker-than-expected spending on do-it-yourself projects.

Lowe’s cut its full-year outlook Tuesday, as lumber prices fell and do-it-yourself customers bought fewer discretionary items.