CEO Marvin Ellison acknowledges strong operating profit and ...
CEO Marvin Ellison acknowledges strong operating profit and improved customer satisfaction despite a pullback in DIY spending. However, high borrowing costs and a housing market slowdown could impact Lowe's sales, as home improvement projects constitute about 75% of sales.
Lowe's Sales Suffer as Home Improvement Slowdown Persists
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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