How Will Lowe’s Deal With Slowing Home Improvement Spending?
Lowe’s (LOW -0.81%) plans to report fiscal 2022 first-quarter earnings on May 18. The second-largest home improvement company in the world is expecting sales growth to moderate in the coming year. Lowe’s thrived as millions of homeowners took economic lockdowns as an opportunity for long overdue home-improvement projects. Understandably, sales would slow down after such…