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Lowe’s Sees Slow Grill Sales, Continues to Grow Online Business

Lowe’s Q2 earnings call was very similar to what we heard from Home Depot when it comes to grill sales. The macro environment continues to hurt the consumer and impact the category.

And then the last thing I’ll call out, we did see pressure in big ticket discretionary seasonal categories like patio and grills. But that was largely expected as we’ve been managing those seasonal buys down to more recent trends that we’ve seen. So that was the pressure that was mainly of where we saw the deceleration in comps from as we move from June to July.

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SourceLowe's
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