LOW Q3 2026

Q4 2026 Q3 2026 Q2 2026 Q1 2026

Earnings

Lowe's delivered a solid third quarter, posting adjusted diluted EPS of $3.06 against a consensus estimate of $2.95, a beat of 3.61%, even as revenue of $20.81 billion came in fractionally below the $20.84 billion analysts had expected, a miss of jus… Read more Lowe's delivered a solid third quarter, posting adjusted diluted EPS of $3.06 against a consensus estimate of $2.95, a beat of 3.61%, even as revenue of $20.81 billion came in fractionally below the $20.84 billion analysts had expected, a miss of just 0.15%. Total sales grew 3.2% year over year, supported by a return to positive comparable sales growth of 0.4%, with 11.4% online sales growth and double-digit expansion in home services providing meaningful lift. The quarter's defining event, however, was the closing of the Foundation Building Materials acquisition for $8.80 billion, a transformative move into professional building materials distribution that reshaped the balance sheet, lifting total assets to $53.45 billion while pushing long-term debt to $37.50 billion. Looking ahead, Lowe's raised its full-year sales outlook to approximately $86.00 billion to reflect the FBM contribution, though comparable sales guidance was trimmed to flat, adjusted EPS guidance was narrowed to approximately $12.25, and analysts noted a price target reduction even while maintaining an outperform view on the company's long-term trajectory.