Lowe's (LOW.US) Q3 profit beat expectations, but the home decoration market remains under pressure.

Wisdom Financial APP learned that home improvement retailer Lowe's Companies (LOW.US) announced its third quarter financial report before the US stock market opening on Wednesday, joining competitors like Home Depot (HD.US) in forecasting weak growth in annual profits and sales. This year, due to economic uncertainty and persistently high inflation, Americans have been delaying large home improvement expenditures.