Lowe's Cuts Sales Forecast as Consumers Decide Against DIY

Consumers are putting do-it-yourself (DIY) projects on hold, which is bad news for Lowe's. The home improvement chain has slashed its ...

Lowe's Cuts Its Forecast as Sales Drop Amid Decline in DIY Project ...

Lowe's missed quarterly sales estimates and cut its forecast as consumers pulled back on spending for DIY projects, sending shares lower.

US consumers putting off DIY projects | Brooke DiPalma posted on ...

... Lowe's. As consumers… | 14 comments on LinkedIn. ... Lowe's sees sales drop, cuts 2024 outlook as consumers put off home improvement projects.

Lowe's sees sales drop, cuts 2024 outlook as consumers put off ...

"We're all aware that we have an environment of elevated interest rates and inflation, and because of that, the DIY customer is just on the ...

Lowe's beats earnings, misses sales in Q2; cuts full-year forecast

Lowe's Companies Inc. is predicting a slowdown in the home improvement industry following a mixed second quarter of fiscal 2024.

Lowe's Cuts Sales Forecast as Consumers Decide Against DIY

It seems that consumers are putting DIY projects on hold, and with that, sales forecasts are also declining. Lowe's Companies, Inc. and The ...

Lowe's Cuts Annual Forecasts on Weak Home Improvement Demand

Tepid demand for do-it-yourself (DIY) projects, which account for more than half of Lowe's sales, led to a 5.1% drop in second-quarter ...

Lowe's cuts annual forecasts on weak home improvement demand

(Reuters) -Lowe's cut its annual profit and sales forecasts on Tuesday, echoing bigger rival Home Depot (NYSE:HD)'s concerns of a slim ...

DIY slump continues with slashed sales forecasts by Lowe's, Home ...

Lowe's just slashed its sales forecast for the year — a move that provides a glimpse into what's happening in a big chunk of the U.S. economy ...

Lowe's cuts full-year sales forecast, as spending on do-it-yourself ...

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

Lowe's sees steeper drop in annual sales as DIY demand stumbles

(Reuters) -Lowe's Cos on Tuesday projected a bigger drop in annual same-store sales than previously expected, as inflation-hit consumers cut ...

Lowe's (LOW) Q4 2023 earnings - CNBC

The home improvement chain was going up against lower expectations for its fourth quarter. It had cut its full-year forecast in November ...

Lowe's slashes sales guidance in Q2 earnings, says DIY ... - Quartz

Lowe's joined Home Depot in warning that consumers are cutting back on DIY projects · The home improvement slashed its full-year outlook · Sign ...

Best Buy, Lowe's Cut Forecasts As Consumers Become More ...

Home improvement retailer Lowe's didn't make specific comments on the outlook for the holiday season. But the company said comparable sales ...

Lowe's Earnings Show Drop in Sales as Do-It-Yourself Customers ...

Like Home Depot, Lowe's said sales to professional customers shot up during the quarter, rising 13%, suggesting that consumers' appetite for ...

Lowe's sales dip but beat estimates; lowers guidance

... cut its outlook, citing falling lumber prices and a decline in do-it-yourself (DIY) discretionary spending.

Lowe's cuts annual forecasts on weak home improvement demand

Tepid demand for do-it-yourself (DIY) projects, which account for more than half of Lowe's sales, led to a 5.1% drop in second-quarter ...

Lowe's follows rival Home Depot with dismal profit forecast - Reddit

... on DIY being a new segment of sales they were expecting. They also noted that PRO sales were strong which has me thinking. I'm in my 40's ...

Lowe's CEO: Consumers spending more on travel, concerts than on ...

The DIY consumer, which provided a major boost to the home improvement retailer during the pandemic, drives 75% of Lowe's revenue, the company said. (The ...

Lowe's cuts guidance on soft DIY spending, housing market

Lowe's Cos. lowered its full-year guidance as the frozen housing market keeps consumers on the sidelines for big purchases and renovations, ...