Lowe's Cautious Outlook Sends Stock Lower as Retailer Flags 'Pressure' in DIY Spending

3-line summary

• Lowe's stock fell as much as 3% in premarket trading after the company gave a more cautious outlook, citing pressure in do-it-yourself consumer spending, according to a Yahoo Finance report.
• Q2 revenue came in at $26 billion, just below the $26.1 billion expected; adjusted EPS of $4.27 (including a $0.11 tariff-refund benefit) beat the $4.22 estimate, while same-store sales grew 0.2%, below the 0.7% expected.

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