Why Are Lowes Shares Falling Tuesday?
Why Are Lowes Shares Falling Tuesday?
Shares of Lowe's Companies, Inc. (NYSE:LOW) are trading lower Tuesday afternoon. This decline comes as part of a broader sell-off in building-related stocks, prompted by Pool Corporation's (NASDAQ:POOL) revised earnings guidance for 2024.
勞氏公司股票（NYSE:LOW）於週二下午交投走低。這種下跌是因爲建造業股票整體走低，受到Pool Corp（納斯達克：POOL）2024年修訂盈利預測的影響引發。
What's Happening: Pool Corporation, the world's largest wholesale distributor of swimming pool and related backyard products, has significantly revised its 2024 earnings forecast due to a challenging macroeconomic environment. The company now expects a 15% to 20% drop in new pool construction and remodeling activity for the year.
影響：作爲主要的家居裝修和建築材料供應商之一，勞氏公司感受到了Pool Corp預售指引削減的影響。對大型項目（如游泳池和戶外生活項目）的削減離散性支出引起了相關家居裝修產品銷售下降的擔憂。
Impact On Lowe's: As a major supplier of home improvement and building materials, Lowe's is feeling the ripple effects of Pool Corp's guidance cut. The reduced discretionary spending on big-ticket items like swimming pools and outdoor living projects has raised concerns about potential declines in sales for related home improvement products.
Pool Corp是世界上最大的游泳池及相關後院產品批發商，由於宏觀經濟環境的挑戰，該公司已明顯修正其2024年收益預測。現在，公司預計新游泳池建造和翻新活動將下降15%至20%。
LOW Price Action: Lowe shares were down by 4.76% at $217.5 at the time of writing, according to Benzinga Pro.
LOW股票價格:根據Benzinga Pro的報告，勞氏公司的股價在撰寫本文時下跌了4.76％，跌至217.5美元。
Photo Via Shutterstock.
照片來自shutterstock。
譯文內容由第三人軟體翻譯。