Lowe's Maintains its Sales Momentum in Q3, Raises Its Full-Year Outlook
Lowe's (NYSE: LOW) reported third-quarter earnings before the market opened on Wednesday, and the results affirm that the home improvement retailer is maintaining the sales momentum it's been seeing all year as consumers continue to take on more projects.
Earnings results since the pandemic's onset have pointed to the idea that the home has become essential to people. Even though economies are reopening, many people have chosen to exercise at home, work from home, and entertain themselves at home.
That change in consumer behavior continues to benefit this home improvement retailing giant.
Source Fool.com