Business
Lowe’s Says Homeowners Remain Reluctant to Remodel
Lowe’s is expecting a flat home-improvement market in 2026 as stalled housing sales, high interest rates and economic uncertainty continue to lead homeowners to delay remodeling and repair projects.
“Our outlook for 2026 remains cautious given the persistent volatility in the housing macro,” said Chief Executive Marvin Ellison in the company’s earnings call. “This uncertainty continues to pressure big-ticket discretionary [do-it-yourself] projects, as many consumers are reluctant to make significant investments in their homes.”
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