Nov 19 (Reuters) - Home improvement retailer Lowe's Cos
forecast a slower-than-expected drop in annual
comparable sales on Tuesday as a pickup in hurricane-related
demand and favorable weather boosted quarterly sales, even as
big-ticket spending remained strained.
The company now forecasts same-store sales to be down 3% to
3.5% in 2024 from its previous target of a decline in the range
of 3.5% to 4% from the prior year.