The company's downbeat full-year outlook is attributed to a ...
The company's downbeat full-year outlook is attributed to a continued slowdown in DIY demand and uncertainty about the U.S. economy. Despite the significant quarterly profit beat, the stock declined due to the negative outlook and a drop in sales.
Lowe's Stock Drops as Home-improvement Retailer Has Concerns About Economy
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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