Unaffected by tariff fluctuations, Lowe's (LOW.US) first-quarter sales exceeded expectations.
According to the Zhixun Finance APP, US home improvement retailer Lowe's (LOW.US) exceeded expectations in same-store sales for the latest quarter. Despite weakened consumer confidence and economic volatility, consumers are still maintaining household spending. The home improvement retailer stated that in the quarter ending on May 2, same-store sales decreased by 1.7%, but they still anticipate that this key sales indicator for the whole year will remain flat or grow by up to 1%.
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