Carhartt, Inc., President and CEO Linda Hubbard speaks during the 29th annual Milken Institute Global Conference at the Beverly Hilton in Beverly Hills, California on May 5, 2026. (Photo by Patrick T. Fallon / AFP via Getty Images)

Carhartt, Inc., President and CEO Linda Hubbard speaks during the 29th annual Milken Institute Global Conference at the Beverly Hilton in Beverly Hills, California on May 5, 2026. (Photo by Patrick T. Fallon / AFP via Getty Images)

Lowe's Chairman, President, and CEO Marvin Ellison speaks during the 29th annual Milken Institute Global Conference at the Beverly Hilton in Beverly Hills, California on May 5, 2026. (Photo by Patrick T. Fallon / AFP via Getty Images)

Lowe's Chairman, President, and CEO Marvin Ellison speaks during the 29th annual Milken Institute Global Conference at the Beverly Hilton in Beverly Hills, California on May 5, 2026. (Photo by Patrick T. Fallon / AFP via Getty Images)

Patagonia CEO Ryan Gellert speaks during the 29th annual Milken Institute Global Conference at the Beverly Hilton in Beverly Hills, California on May 5, 2026. (Photo by Patrick T. Fallon / AFP via Getty Images)

Patagonia CEO Ryan Gellert speaks during the 29th annual Milken Institute Global Conference at the Beverly Hilton in Beverly Hills, California on May 5, 2026. (Photo by Patrick T. Fallon / AFP via Getty Images)

Patagonia CEO Ryan Gellert speaks during the 29th annual Milken Institute Global Conference at the Beverly Hilton in Beverly Hills, California on May 5, 2026. (Photo by Patrick T. Fallon / AFP via Getty Images)

Patagonia CEO Ryan Gellert speaks during the 29th annual Milken Institute Global Conference at the Beverly Hilton in Beverly Hills, California on May 5, 2026. (Photo by Patrick T. Fallon / AFP via Getty Images)