Lowe's CEO Marvin Ellison unveils a coalition with NVIDIA, Bank of America and GM aiming to create one million skilled trades jobs by 2035.
LOW cuts its fiscal 2026 outlook as weak DIY demand and housing pressure challenge gains in Pro, Online and Home Services.
LOW's Pro, digital and Home Services growth supports its long-term case, but weak DIY demand and housing pressure cloud the near-term outlook.
Lowe's Foundation launched a coalition with Nvidia, General Motors and over 75 partners to train and certify 1 million skilled tradespeople by 2035.
Home Depot (NYSE:HD | HD Price Prediction) and Lowe's (NYSE:LOW) both reported fiscal Q2 results in mid-August, and the earnings reports tell two different stories about the same frozen housing market.
Lowe's resets fiscal 2026 expectations to the low end as soft DIY demand and weak housing persist, while digital sales and Pro growth offer support.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Lowe's Companies, Inc.'s Q2 results were mixed, with flat comp sales and cautious FY2026 guidance below market expectations. LOW's Pro segment outperformed, but ongoing macro headwinds and weak DIY demand limit near-term growth prospects. Valuation is unappealing; structural positives like Pro expansion and digital sales are offset by cyclical DIY softness and competitive pressures.
Lowe's NYSE: LOW continues to face headwinds in 2026; however, the stock's value, capital returns, and long-term catalysts make for a compelling setup. Trading in the low $200s, LOW is near multi-year lows and at the bottom end of its historic price-to-earnings (P/E) range, setting the stage for a significant rebound.
While the top- and bottom-line numbers for Lowe's (LOW) give a sense of how the business performed in the quarter ended July 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Lowe's Companies NYSE: LOW reported second-quarter sales of $26 billion, up 8.3% from a year earlier, as growth in its professional customer, online and home-services businesses helped offset continued pressure on discretionary do-it-yourself spending.
LOW beats Q2 earnings estimates with tariff refunds helping results, while sales miss and DIY pressure lead to a narrower fiscal 2026 outlook.