It's impacting sales, and its CEO is flagging the source of the problem ... of a beloved product Amid this concerning trend, Lowe’s generated an operating income of $2.4 billion, which is ...

but some companies are managing to avoid the trend. Although Lowe's has reported an increase in inventory shrink, it's not expected to hurt profits. CEO Marvin Ellison attributed low theft rates ...

Lowe’s on Tuesday lowered its profit and sales outlook for the year ... favors Lowe’s larger rival,” he said. Bill Darcy, CEO of the National Kitchen & Bath Association, said homeowners ...

In the fiscal fourth quarter, trends looked better. Comparable sales rose 0.2% ... "one of the most broken parts" of Lowe's business when he started as CEO in 2018. The company has bulked up ...

Lowe's (LOW) do-it-yourself customers are leaving the house. The home improvement retailer's CEO, Marvin Ellison ... Same-store sales dropped 1.6% while revenue came in at $24.9 billion, slightly ...

strong online sales and smaller-ticket outdoor DIY projects," Lowe's CEO Marvin Ellison wrote in the earnings release. Same-store sales growth was down 1.1%, less than the 2.7% decline anticipated.

It's impacting sales, and its CEO is flagging the source of the problem ... Amid this concerning trend, Lowe’s generated an operating income of $2.4 billion, which is about 6% lower than ...