Lowe's has taken several steps to mitigate the impact of tariffs on its business. Here are some key strategies they've employed:
Diversifying Supply Chain: Lowe's has worked to diversify its supply chain by sourcing products from different countries, reducing reliance on any single country.
Working with Suppliers: The company has collaborated closely with its suppliers to manage costs and find alternative solutions.
Adjusting Pricing: Lowe's has considered adjusting product prices to offset the increased costs due to tariffs.
Internal Preparations: Lowe's has put processes and systems in place to manage tariffs and other challenges
Diversifying Supply Chain: Lowe's has worked to diversify its supply chain by sourcing products from different countries, reducing reliance on any single country.
Working with Suppliers: The company has collaborated closely with its suppliers to manage costs and find alternative solutions.
Adjusting Pricing: Lowe's has considered adjusting product prices to offset the increased costs due to tariffs.
Internal Preparations: Lowe's has put processes and systems in place to manage tariffs and other challenges
Trade closed: target reached
LOW crossed above $150 with enough time to close the 150c for a profit.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.