Lowe's Says 2025 Sales Growth Likely as it Lays Out Financial Targets
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Lowe's anticipates a return to sales growth in fiscal 2025 after facing challenges in fiscal 2024 due to reduced discretionary spending and a sluggish housing market.
December 11, 2024 | 7:00 pm
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Lowe's expects sales growth in fiscal 2025 after a challenging 2024 due to lower discretionary spending and a slow housing market.
Lowe's has faced a tough fiscal 2024 with reduced consumer spending and a slow housing market. However, the company's projection of sales growth in 2025 suggests a positive outlook, likely boosting investor confidence and potentially driving the stock price up in the short term.
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