Lowe's Companies, Inc. earnings overview

LOW FY2026 Q1 · Calendar Q2 2026

Lowe's Companies, Inc.

Lowe's delivered a modest Q1 FY2026 beat, with revenue of $23.1B exceeding consensus by 0.4% and adjusted EPS of $3.03 topping estimates by 2.0%. Growth was led by the Pro segment, a 15.5% jump in online sales, and home services, all supported by strong spring seasonal execution. AI-powered tools -- Mylow and Mylow Companion -- are showing early traction, with conversion rates three times higher for AI-assisted shoppers. Management maintained full-year FY2026 guidance (sales $92-94B, comps flat to +2%, adjusted EPS $12.25-$12.75), signaling confidence in the Total Home strategy and acquisition integration despite an elevated-rate housing environment. The stock's muted reaction (+0.2% abnormal move on 2.3x baseline volume) suggests the market viewed the beat as incremental rather than transformative, with DIY demand recovery and FBM/ADG integration remaining the key swing factors.