For further enquiries please email therelevant e-mail handle and we’ll reply within two enterprise days. During an analyst assembly, Chief Financial Officer Dave Denton stated the retailer anticipates its gross sales will outpace rivals and it’ll win extra business from home professionals. [newline]Still, he acknowledged that Lowe’s is preparing Home Improvement for a “modest sector pullback in 2022” in comparison with a 12 months of such high demand and sales fueled by government stimulus. Lowe’s sales outlook disenchanted investors on Wednesday and raised issues the pandemic-fueled increase in do-it-yourself and decorating initiatives is cooling.

When the Meehans bought their home in 2018, they planned to ultimately renovate it, but the pandemic pushed up the timeline and altered their priorities. As rates of interest fell, they refinanced their home, taking out money in the process to complement their financial savings so they might start the work instantly. “Every time I’m on …

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