Lowe's Reports Stronger-Than-Expected Q1 Results, Affirms Full-Year Guidance
LOW is trading near its 52-week low of $210.33 (1.6% above the low).
Summary
Lowe's reported Q1 adjusted diluted EPS of $3.03, a 3.8% increase year-over-year, with comparable sales up 0.6%, and affirmed its full-year 2026 guidance.
Key Events · Earnings and Guidance · LOW
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Strong Q1 Adjusted EPS
Reported adjusted diluted EPS of $3.03 for Q1 2026, a 3.8% increase compared to $2.92 in the prior-year quarter, exceeding expectations.
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Positive Comparable Sales Growth
Comparable sales increased by 0.6%, marking the fourth consecutive quarter of positive comparable sales, driven by online, appliances, home services, and Pro sales.
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Full-Year Outlook Affirmed
The company affirmed its full-year 2026 outlook, projecting total sales of $92.0 to $94.0 billion and adjusted diluted EPS of $12.25 to $12.75.
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Shareholder Returns
Paid $674 million in dividends during the quarter, demonstrating continued commitment to shareholder value.
Analysis · LOW · Trade & Services
Lowe's delivered better-than-expected adjusted earnings and positive comparable sales in the first quarter, affirming its full-year outlook despite a challenging housing market. This performance, while the stock trades near its 52-week low, suggests resilience and could provide a floor for investor sentiment.
At the time of this filing, LOW was trading at $213.75 on NYSE in the Trade & Services sector, with a market capitalization of approximately $122.3B. The 52-week trading range was $210.33 to $293.06. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.