Sales Were Up, Foot Traffic Was Too — But Lowe’s Disappointed Investors
PYMNTS
FEBRUARY 28, 2018
“Given the rapidly evolving competitive landscape, we are also accelerating our strategic investments, leveraging the benefits of tax reform.”. Lowe’s main rival for do-it-yourself (DIY) home maintenance, Home Depot , logged a 7.5 housing market and the increasing transition of the millennial generation into home ownership mode.
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