Lowe’s is navigating a tricky retail landscape as consumer spending on home projects slows, forcing them to trim their annual sales and earnings forecasts—now expecting $92 billion in revenue and $12.25 EPS, down from earlier projections. While Q2 revenue missed analyst expectations slightly, adjusted EPS beat forecasts thanks to tariff refunds. Strong contractor and online sales helped offset weakness among DIY shoppers, but overall, economic caution and a sluggish housing market are weighing on the home improvement giant—echoing similar trends reported by rival Home Depot.
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