Home improvement retailer Lowe's Companies, Inc. (LOW) is set to report its third-quarter earnings tomorrow amid the broad setback in the home improvement market due to the current economic climate.
On the other hand, the company’s second-quarter financials indicated improving consumer sentiment, as spending on small-scale repair and maintenance partially offset the fall in demand for large items. Its $4.56 EPS topped the expected $4.49, while the company reaffirmed its fiscal 2023 outlook for its operational results.
