Lowe's cuts sales outlook as homeowners take on fewer projects; shares slide


An exterior view of a Lowe's home improvement store. Lowe's Companies, Inc. reports quarterly earnings on Tuesday, May 23, 2023.
Lowe's on Tuesday lowered its full-year sales outlook, after customers spent less on do-it-yourself projects and caused its fiscal third-quarter sales to tumble nearly 13% year over year.
The home improvement retailer said it now anticipates sales…

This story appeared on cnbc.com, 2023-11-21.
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