Why did Lowe’s (NYSE:LOW) second-quarter sales increase?

Lowe’s (NYSE:LOW) sales increased to $26 billion from $24 billion as Pro and home services demand and 15.7% online growth helped offset softer DIY spending.

What are Lowe’s (NYSE:LOW) fiscal 2026 forecasts?

Lowe’s (NYSE:LOW) now expects total sales of $92 billion, flat comparable sales, an 11.2% operating margin, diluted EPS of about $11.75 and adjusted diluted EPS of about $12.25.

How is Lowe’s (NYSE:LOW) adjusted EPS affected by acquisition costs?

Lowe’s (NYSE:LOW) reported adjusted diluted EPS of $4.40 after excluding $96 million in pre-tax acquisition expenses, compared with diluted EPS of $4.27, while both measures included a $0.11 IEEPA tariff-refund benefit.

What does Lowe’s (NYSE:LOW) 0.2% comparable sales growth mean?

Lowe’s (NYSE:LOW) recorded a 0.2% increase in comparable sales, meaning sales at comparable locations and channels were broadly flat but slightly higher than the prior-year period.

How is Lowe’s (NYSE:LOW) stock reacting to the Q2 results?

Lowe’s (NYSE:LOW) had not yet established a clear post-release stock move at the time of writing, while the latest available quote was down 0.07% at $215.64.

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Lowe’s Q2 sales rockets to $26 billion

Written by Brie CarterPublished Aug 19, 2026, 10:15 AM

Lowe's generated $26 billion in total sales and maintained $2.4 billion in net earnings for the second quarter.
The company lowered its fiscal 2026 guidance, expecting total sales of approximately $92 billion and flat comparable sales.
Management stated the results were supported by professional and home services demand despite ongoing softness in do-it-yourself spending.

Lowe’s (NYSE:LOW) reported second-quarter 2026 sales of $26 billion, up from $24 billion, while net earnings held at $2.4 billion.

Comparable sales rose 0.2%, as stronger Pro and home services demand and 15.7% online growth offset softer DIY spending.

Adjusted diluted EPS increased 1.6% to $4.40, while diluted EPS remained $4.27, with both measures including a $0.11 benefit from IEEPA tariff refunds.

Lowe’s excluded $96 million in pre-tax expenses tied to the Foundation Building Materials and Artisan Design Group acquisitions from adjusted results, while operating margin was 13.67%.

Lowe’s now expects fiscal 2026 sales of $92 billion, flat comparable sales and adjusted diluted EPS of about $12.25.

Lowe’s operated 1,761 stores as of July 31 and has expanded its Pro-focused strategy through the $8.8 billion Foundation Building Materials deal and $1.325 billion Artisan Design Group acquisition.

The company also raised its quarterly dividend 4% to $1.25 in May and paid $673 million in dividends during the second quarter.

Lowe’s Q2 sales rockets to $26 billion

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