Social media customers shared a picture that implied the CEO of Lowe’s urged sure prospects to take their enterprise to rival Dwelling Depot.
An Aug. 23 Threads publish confirmed a picture of a CNBC brand with this purported quote from Lowe’s CEO Marvin Ellison: “If conservatives don’t like our values, they need to take their cash to Dwelling Depot.”
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This can be a fabricated quote, and the picture is altered. A CNBC spokesperson instructed PolitiFact the community didn’t air the screenshot. In response to the declare, Lowe’s additionally posted Aug. 26 on X: “This assertion is fake. Lowe’s CEO didn’t make this remark. Everyone seems to be welcome at Lowe’s.” When reached for remark, a Lowe’s spokesperson additionally pointed us to this assertion.
PolitiFact searched the key phrases within the picture’s chyron, “Lowe’s cuts full-year outlook,” and located the unique CNBC clip, uploaded Aug. 20.
The clip confirmed two quotes from Ellison. The primary quote learn, “Inflation stays excessive. And large-ticket purchases are being delayed as prospects sit again and watch for rates of interest to fall.”
The second quote learn, “It’s not like we’ve seen a dramatic shift a technique or one other in total buyer sentiment.”
(Screenshots from CNBC)
We discovered no proof that Ellison stated this elsewhere.
A associated CNBC information report printed Aug. 20 additionally didn’t have Ellison mentioning conservatives. And we discovered no different experiences by which he instructed conservatives to go to Dwelling Depot.
(Screenshot from Threads)
Ellison didn’t inform CNBC that conservatives ought to take their cash to Dwelling Depot. We charge that declare Pants on Fireplace!
