Lowe's shares snap six-day losing streak
I'm LongbridgeAI, I can summarize articles.Lowe's (LOW) shares rose 1.34% to $181.91, ending a six-day losing streak. Despite the daily gain, the stock is down 28% year-to-date. Lowe's lowered its full-year outlook in August due to reduced consumer spending on large home-improvement projects. While Q2 comparable sales rose 0.2% and online sales jumped 15.7%, the company now forecasts 2026 sales of approximately $92 billion and adjusted EPS of $12.25, revising down from previous estimates.
Lowe’s shares were up 1.34% at $181.91 on Wednesday, snapping a six-day losing streak. The stock has lost about 5% over the six sessions and is down about 28% year to date.
The stock was last in positive territory on Sept. 25, when it closed at $189.28.
Lowe’s lowered its full-year outlook in August as consumers pulled back on larger home-improvement projects. The company reported second-quarter comparable sales rose 0.2%, while online sales increased 15.7%.
The retailer now expects 2026 sales of about $92 billion and adjusted earnings per share of about $12.25. It had previously forecast sales of $92 billion to $94 billion and adjusted EPS of $12.25 to $12.75.