Rising interest rates and economic unpredictability have led to consumer caution, resulting in a 1.1% decline in comparable sales for the third quarter.

Lowe's is set to report third-quarter results Tuesday morning, with analysts expecting lower revenue than last year despite a potential sales boost from recent hurricanes.

In a recent time, investors and analysts are watching the stock closely as Lowe's gears up to share its earnings from the last quarter. Although it is one of th