Lowe's Companies Inc. (LOW)
The company now
Lowe's reported second-quarter 2026 net earnings of $2.4 billion and diluted earnings per share of $4.27 on August 19, 2026, level with $4.27 a year earlier 1.
Net sales rose 8.3% to $26.0 billion 2. Comparable sales, which leave out new locations, rose 0.2%, with average ticket up 2.3% and customer transactions down 2.1% 2.
Chief executive Marvin Ellison credited growth in Pro, online and home services, and said spending on discretionary do-it-yourself projects was under pressure 1.
The company updated its fiscal 2026 outlook to total sales of $92.0 billion, previously $92.0 to $94.0 billion 1. It now expects adjusted diluted earnings per share of about $12.25, previously $12.25 to $12.75 1.
The quarter includes about $80 million of refunds of import tariffs that the Supreme Court ruled unauthorized in February 2026 2. The company says the amount and timing of further refunds remain uncertain 2.
On August 28, 2026, Lowe's named five executives to new posts effective September 1, 2026, including Quonta Vance as head of stores and Seemantini Godbole as chief information and AI officer 4.
As of Nov 4, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.