Lowe’s Earnings Top Forecasts; Big-Ticket Spending Stays Weak
Wall Street Journal
Do-it-yourself customers, which make up about 75% of Lowe’s customer base, cut back on higher-priced discretionary purchases. That slippage was partially offset by sales to contractors and other professional customers.
https://www.wsj.com/articles/lowes-earnings-top-forecasts-big-ticket-spending-stays-weak-2ea74b51