{
  "id": 1928616,
  "title": "Lowe's posted higher sales but trimmed its outlook as DIY spending stayed under pressure",
  "url": "https://urgent.news/2026/08/19/lowes-posted-higher-sales-but-trimmed-its-outlook-as-diy-spending",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-19T12:00:53.000Z",
  "source": {
    "name": "Quartz",
    "slug": "quartz",
    "url": "https://qz.com/lowes-2026-outlook-diy-spending-earnings-081926"
  },
  "original_language": "en",
  "account": null,
  "summary": "Lowe's reported higher sales but trimmed its outlook due to persistent softness in do-it-yourself spending. The home improvement retailer cut its full-year sales and profit targets to the bottom of prior guidance ranges, according to Quartz.\n\nTotal second-quarter net sales rose by 8.3% to $25.96 billion. Adjusted per-share earnings stood at $4.40, up from $4.33 a year earlier.\n\nLowe's updated its outlook for the 2026 fiscal year, now anticipating comparable sales to be flat compared to the prior year, as Investing.com reported. Previously, the company expected the figure to be in a range of flat to growth of 2%.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}