The possibility of rate cuts in the coming months may begin to release pent-up demand for renovations, particularly as many older, owner-occupied homes will need upgrades or reconfigurations.

Lowe's cuts outlook as sluggish home-improvement demand deepens

17:38 / August 21, 2024

Image: Depositphotos

Lowe's reduced its full-year guidance after reporting weaker-than-expected quarterly sales, reflecti...

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Lowe's cuts outlook as sluggish home-improvement demand deepens

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