Lowe's beats sales estimates, plans to stay ‘price competitive'

1. Lowe’s sales drop was smaller than expected this quarter. 2. CEO states competitive pricing is essential, contrary to Home Depot's position. 3. Future pricing may rise due to tariffs, impacting profit margins later. 4. Lowe's acquired Artisan Design to enhance focus on professional builders. 5. Comparable sales expected to be flat to 1% higher by 2025.