Lowe’s sounds alarm bells around a growing problem

Lowe’s , along with other retailers in the home improvement sector, is continuing to suffer from an alarming trend that’s putting a dent in its profits. The company is relying on three factors to help tackle the problem. In its third-quarter earnings report for 2024, Lowe's revealed that its customers have grown weary of spending money in its stores.

Lowe’s comparable sales during the quarter declined by 1.1% year over year. Javascript is required for you to be able to read premium content.



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