The stock closed at $233.37 on Wednesday, extending gains for a second day as the S&P 500 rose 1.46% and the Dow added 1.24%.
Lowe's outpaced Amazon's 0.53% gain, Home Depot's 2.42% rise and Walmart's 0.54% decline during a broadly strong trading session.
Even after the advance, Lowe's remained 20.37% below its 52-week high of $293.06 reached on 12 February, while trading volume of 3.1 million topped its 50-day average.
As new tariffs inflate material costs, can Lowe’s protect profits without alienating its core DIY customers?
With Home Depot also targeting professionals, is Lowe's just playing catch-up in an increasingly tough market?