Lowe's (LOW) Focuses on Pro Segment & Customer Engagement
LOWLowe's(LOW) Zacks Investment Research·2024-01-26 01:10

Lowe's Companies Inc. (LOW) is ramping up its efforts in the Pro segment, applying aggressive pricing strategies to broaden its consumer base. This move is part of a broader strategy aimed at harnessing long-term growth opportunities, spurred by strong housing and demographic trends. Lowe's is strategically investing to establish itself as a leading omnichannel retailer. This approach is designed to address current market fluctuations and ensure sustained growth, positioning it to capitalize on emerging ret ...