Lowe's DIY Spending Slows Amid High Rates | Business and Finance News

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Recorded19 Aug 2026

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Lowe’s stock dips as DIY spending slows, despite beating EPS thanks to tariff refunds — with mortgage rates at 6.7% chilling home improvement projects for the average homeowner, who drives 60-65% of their business, forcing Lowe’s to slash full-year sales and earnings forecasts. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/8a3f19636e68362b

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