Lowe’s Sales Beat Expectations, Bucking Tariff Volatility

Lowe’s Cos. comparable sales beat expectations during the latest quarter as shoppers maintained home spending despite weakening consumer sentiment and economic turbulence.

The home-improvement retailer said its comparable sales dipped 1.7% in the quarter that ended May 2, but it still expects the key sales metric to be flat to up to 1% in the current year.