Lowe’s Q2 sales rockets to $26 billion

Full story: https://grafa.com/en/news/united-states/lowes-q2-2026-sales-26-billion

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.

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billion","html":"<html><head></head><body><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/e16513bf07c2ad45c9163f57efdc7ab4\" tg-width=\"1672\" tg-height=\"941\"></p>\n<p>Full story: https://grafa.com/en/news/united-states/lowes-q2-2026-sales-26-billion</p>\n<ul>\n <li>\n  <p>Lowe's generated $26 billion in total sales and maintained $2.4 billion in net earnings for the second quarter.</p></li>\n <li>\n  <p>The company lowered its fiscal 2026 guidance, expecting total sales of approximately $92 billion and flat comparable sales.</p></li>\n <li>\n  <p>Management stated the results were supported by professional and home services demand despite ongoing softness in do-it-yourself spending.</p></li>\n</ul>\n<p style=\"text-align: start;\">Lowe’s (NYSE:LOW) reported second-quarter 2026 sales of $26 billion, up from $24 billion, while net earnings held at $2.4 billion.</p>\n<p style=\"text-align: start;\">Comparable sales rose 0.2%, as stronger Pro and home 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