Lowe’s lowers 2026 revenue outlook to $92 billion as DIY spending softens

Lowe’s lowered its 2026 expectations on Wednesday, citing persistent softness in DIY spending that is expected to continue weighing on sales and earnings for the rest of the year. Revenue is now projected at $92 billion, the lower end of its previous $92 billion to $94 billion range and below analyst forecasts of $92.94 billion.

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