Lowe's Companies (LOW)
NYSE:LOW
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Earnings Data
Report Date
Aug 19, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
4.27Last Year’s EPS
4.33Same Quarter Last Year
Moderate Buy
Based on 24 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a cautiously constructive tone: Lowe's reported solid top-line growth (including a 10.3% increase in sales driven partly by acquisitions), positive comparable sales (+0.6%), strong online and Pro momentum, meaningful free cash flow generation and progress on productivity and AI initiatives. However, the quarter included margin compression (gross margin -70 bps, adjusted operating margin -43 bps), a decline in transactions, inventory and cost pressures linked to acquisitions, tariffs and fuel, and guidance that flags near-term margin and EPS pressure for Q2. Management reaffirmed FY26 guidance and emphasized strategic investments (Total Home, Pro, Home Services, AI) and deleveraging priorities. Overall, positives (growth, cash generation, AI/loyalty traction, acquisition progress) slightly outweigh the near-term challenges and macro risks.Company Guidance
AI Adoption and Impact (Mylow & Companion)
Mylow (customer-facing) now supports over 1 million customer inquiries per month with a conversion rate three times higher for users; Mylow Companion (associate-facing) logged over 5 million associate questions since launch and is driving measurable productivity and customer satisfaction improvements.
Pro, Home Services and Appliances Momentum
Continued growth in Pro, Home Services and Appliances, driven by improved assortments, in-stock positions and fulfillment capabilities; appliances aided by next-day delivery capability and represented strong big-ticket performance.
Cash Generation, Capital Allocation and Deleveraging
Generated $2.8 billion in free cash flow, paid $674 million in dividends ($1.20/share), repaid $2.4 billion in bond maturities, ended the quarter with $786 million cash and achieved adjusted debt to EBITDAR of 3.1x while targeting 2.75x by mid-2027.
Return on Invested Capital and CapEx
Delivered a return on invested capital of 26.8% and invested $521 million in Q1 (capex planned up to $2.5 billion for FY26) to support Total Home strategy and tech/AI initiatives.
Acquisition Integration Progress (FBM & ADG)
Integration efforts on track with focus on procurement synergies (e.g., drywall, steel, insulation) and cross-selling opportunities; management expects these acquisitions to position Lowe's for upside when residential construction recovers.
PPI and Productivity Progress
Perpetual Productivity Improvement (PPI) initiatives continuing to deliver savings and productivity (management reiterated ability to deliver ~$1 billion of PPI benefits), helping offset cost pressures.
Community & Workforce Investments
Lowes Foundation announced a $250 million commitment to train ~250,000 skilled tradespeople, strengthening long-term labor supply and supporting the Pro customer base.
Total Sales and Comparable Sales
Delivered Q1 sales of $23.1 billion (up 10.3% year-over-year including acquisitions) with comparable sales up 0.6%, marking the fourth consecutive quarter of positive comps.
Adjusted Earnings Per Share Growth
Adjusted diluted EPS of $3.03 in Q1, up 3.8% versus prior year (GAAP diluted EPS $2.90; $96 million pretax acquisition-related amortization excluded).
Strong Online Performance
Online sales grew 15.5% driven by UX improvements, fulfillment enhancements (including same-day delivery), and loyalty benefits such as free same-day delivery for members.
LOW Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
LOW Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 20, 2026 | $218.37 | $221.05 | +1.23% |
Feb 25, 2026 | $277.26 | $261.76 | -5.59% |
Nov 19, 2025 | $217.54 | $226.30 | +4.03% |
Aug 20, 2025 | $252.75 | $253.52 | +0.30% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Lowe's Companies (LOW) report earnings?
Lowe's Companies (LOW) is schdueled to report earning on Aug 19, 2026, Before Open (Confirmed).
What is Lowe's Companies (LOW) earnings time?
Lowe's Companies (LOW) earnings time is at Aug 19, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is LOW EPS forecast?
LOW EPS forecast for the fiscal quarter 2026 (Q2) is 4.27.
