tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Lowe’s sees improved productivity in 2H23 vs. 1H23

Says those improvements “captured in expectations.” Says in “early innings” of productivity transformation. Expects softness in DIY and strength in Pro to continue in 2H23. Expects to outperform the market by 100-200 bps in 2H23. Says early signs “positive” with rural initiative. Expects pressure on transactions in 2H23. Says comps down about 1% in July and won’t see same level of seasonal benefit in Q3.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See today’s best-performing stocks on TipRanks >>

Read More on LOW:

Disclaimer & DisclosureReport an Issue

1