Lowe’s Lowers Outlook as EU Reduces Tesla Tariffs

Reported about 2 months ago

In its latest report, Lowe’s exceeded earnings expectations but fell short on sales, prompting a revised full-year forecast amid a challenging economic environment and decreased DIY activity. Meanwhile, the European Union announced a reduction in tariffs on Teslas manufactured in China, lowering them from 20.8% to 9%, which also applies to other Chinese firms.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis