Lowe`s Cos. Inc
Q4 2026 Earnings
Market Reaction
S&P 500 over the same 30 days: −8.52%.
Did LOW Beat Earnings? Q4 2026 Results
Lowe's delivered a mixed fourth-quarter fiscal 2025 report, <a href="https://247wallst.com/investing/2026/02/25/lowes-stumbles-on-weak-guidance-while-tjx-climbs-on-broad-off-price-beat/">topping revenue estimates while falling short</a> on the bottom line as acquisition-related costs weighed on earnings. Adjusted diluted EPS came in at $1.98, missing the $2.07 consensus estimate by 4.35%, while revenue of $20.58 billion edged past the $20.35 billion expectation and climbed 10.9% year-over-year, with a meaningful lift from the recently completed acquisitions of Foundation Building Materials and Artisan Design Group. Comparable sales grew 1.3%, supported by strength in Pro, online, and home services channels, though adjusted operating margin contracted to 9.02% from 9.43% a year earlier, reflecting integration pressures and $149 million in pre-tax acquisition-related expenses. For fiscal 2026, Lowe's guided total sales of $92 billion to $94 billion and adjusted diluted EPS of $12.25 to $12.75, while flagging continued uncertainty in the housing market, a headwind that has weighed broadly on home improvement retailers navigating persistently high mortgage rates.
- Continued growth in Pro, online, and home services sales
- Strong holiday performance including record-setting Black Friday and Cyber Monday weekend
- Positive comp sales in 9 of 14 product categories in Q4
- 12 of 15 regions delivered positive comp sales growth in Q4
- Comparable sales increased 1.3% in Q4
- Online sales growth of 10.5% in Q4
- Average ticket of $107.28 with positive comp ticket growth of 3.6%
- Positive Pro comp sales driven by broad-based growth across categories and regions
“We delivered strong results this quarter, as our Total Home strategy is resonating with both our Pro and DIY customers, which was evident during a great holiday season. Given our outperformance this quarter, we awarded $125 million in discretionary bonuses to our frontline associates in recognition of their hard work and outstanding customer service.”
Lowe's CEO, on the earnings call
Forward Guidance & Outlook
For fiscal 2026, Lowe's expects total sales of $92.0 to $94.0 billion (approximately 7% to 9% increase vs. prior year), comparable sales flat to up 2%, operating margin of 11.2% to 11.4%, adjusted operating margin of 11.6% to 11.8%, net interest expense of approximately $1.6 billion, effective tax rate of approximately 24.5%, diluted EPS of approximately $11.75 to $12.25, adjusted diluted EPS of approximately $12.25 to $12.75, and capital expenditures of approximately $2.5 billion. The outlook reflects ongoing uncertainty in the home improvement market.
LOW YoY Financials
Figures from SEC filings and company reports. Not investment advice.