Wednesday
Lowe's reported a year-over-year sales increase for the quarter but slightly lowered its full-year profit outlook due to economic challenges. CEO Marvin Ellison highlighted shifts in consumer behavior toward smaller home-improvement projects amid high interest rates, and the company expects total full-year sales to reach $86 billion, boosted by a recent acquisition of Foundation Building Materials.

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Lowe's reported a year-over-year sales increase for the quarter but slightly lowered its full-year profit outlook due to economic challenges. CEO Marvin Ellison highlighted shifts in consumer behavior toward smaller...

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