Lowe’s reports smaller-than-expected drop in sales, maintains annual forecasts
From Investing.com: 2025-05-21 06:50:00
Home improvement retailer Lowe’s reported a smaller-than-expected drop in sales, with revenue falling 1.6% to $21.32 billion in the second quarter. Despite the decline, the company maintained its annual forecast, citing strong demand for home improvement products. Lowe’s also reported a 30% increase in online sales during the quarter.
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