Lowe's Companies Inc (NYSE:LOW) trimmed its full-year sales and profit forecasts after discretionary home-improvement spending remained under pressure, even as the retailer topped Wall Street estimates for the second quarter. The company now expects fiscal 2026 revenue of $92 billion, down from its earlier range of $92 billion to $94 billion.
Lowe's (LOW) came out with quarterly earnings of $4.4 per share, beating the Zacks Consensus Estimate of $4.22 per share. This compares to earnings of $4.33 per share a year ago.
Lowe's lowered its expectations for 2026 as persistent softness in DIY spending is expected to continue to weigh on sales and earnings for the rest of the year.
Lowe's reported mixed results as the retailer said it continued to see pressure in home improvement spending. The company updated its full-year guidance to the low end of its previously provided range.
Lowe's stock has struggled amid a difficult housing market, but second-quarter earnings could give the shares a much-needed boost.
Lowe's heads into Q2 earnings with strength in Pro, online and home services, but weak DIY demand and higher costs may weigh on results.
Lowe's earnings will test whether rapid online growth and rising Pro demand can offset cautious DIY spending in a weak housing market. Comparable sales, margins and guidance could reveal that the retailer remains dependent on an elusive housing recovery.
Evaluate the expected performance of Lowe's (LOW) for the quarter ended July 2026, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Lowe's Companies, Inc. (LOW) Q1 2026 Earnings Call Transcript
Lowe's Companies remains a Buy, trading below its five-year average non-GAAP forward earnings multiple amid macro-driven pessimism. Street downward EPS revisions and macro headwinds have led to a 24% price drop, despite stable business quality and management's confidence. Q2 2026 earnings may not catalyze a rebound; even a double beat could leave the stock rangebound given prevailing sentiment.
Lowe's Companies remains a quality operator trading at a discount to peers despite recent share price underperformance. Management forecasts FY26 revenue of $92–94 billion and EPS of $6.72, driven by acquisitions and resilient Pro segment growth. Transaction counts are declining, but average ticket size and comparable sales are rising; management aggressively returns capital via buybacks and dividends.
Lowe's (LOW) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.