Lowe ' s stock spikes as profits, margins offset DIY slowdown

Lowe's (LOW) stock gained as much as 3.5% on Tuesday after the home improvement retailer's profits topped Wall Street expectations as growth in its professional contractor segment and online unit helped partially offset softness in DIY spending and falling lumber prices. Adjusted earnings per…#lowe #diy #marvinellison #lowes #jefferies #colesmead #yahoofinance #homedepot #mayde #teddecker

Source: Reuters: Health - August 22, 2023 Category: Consumer Health News Source Type: news