LOW · News · 20260915N

Macroeconomic Consumer Pressure

LOWES COMPANIES INC · 2026-09-15 · Importance 20 · Surprise 24

Lowe’s CEO Marvin Ellison said the company expects the second half of 2026 to resemble the first half. Elevated interest rates and broader economic uncertainty are continuing to weigh on home-improvement spending. Cautious homeowners are favoring smaller projects, while housing-market activity and consumer spending patterns remain key demand variables.

Key facts

• Lowe's expects the second half of the year to resemble the first half as elevated interest rates and broader uncertainty continue to affect home-improvement spending, CEO Marvin Ellison said at the Goldman Sachs Global Consumer and Retail Conference. source
• Company executives Juliette Pryor and Margrethe R. Vagell sold shares in June. source
• Lowe's was described as "hitting a new yearly low" amid market pressure. source