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.
劳氏公司股票（NYSE:LOW）于周二下午交投走低。这种下跌是因为建造业股票整体走低，受到Pool Corp（纳斯达克：POOL）2024年修订盈利预测的影响引发。
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.
影响：作为主要的家居装修和建筑材料供应商之一，劳氏公司感受到了Pool Corp预售指引削减的影响。对大型项目（如游泳池和户外生活项目）的削减离散性支出引起了相关家居装修产品销售下降的担忧。
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关后院产品批发商，由于宏观经济环境的挑战，该公司已明显修正其2024年收益预测。现在，公司预计新游泳池建造和翻新活动将下降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股票价格:根据Benzinga Pro的报告，劳氏公司的股价在撰写本文时下跌了4.76％，跌至217.5美元。
Photo Via Shutterstock.
照片来自shutterstock。