Lowe's reported second-quarter 2026 net earnings of $2.4 billion and diluted EPS of $4.27, flat from a year earlier, while total sales rose to $26.0 billion from $24.0 billion. The company lowered the top end of its fiscal 2026 diluted EPS and comparable sales outlook, which matters to shareholders because the forecast now points to flat comparable sales and a narrower earnings range.
Q2 diluted EPS was $4.27, the same as the prior-year quarter; adjusted diluted EPS rose 1.6% to $4.40 from $4.33.
Q2 comparable sales rose 0.2%, and online sales grew 15.7%; total sales were $26.0 billion versus $24.0 billion.
Fiscal 2026 diluted EPS is now about $11.75 (previously $11.75 to $12.25); adjusted diluted EPS is about $12.25 (previously $12.25 to $12.75).
Q2 EPS included an $0.11 benefit from IEEPA tariff refunds, and $96 million in pre-tax acquisition-related expenses.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
From Lowe's's 10-Q and 10-K filings (SEC XBRL). YoY compares each quarter with the same quarter a year earlier; it is blank when the year-ago figure is missing or negative.
Annual results
Fiscal year
Revenue
Growth
EPS (diluted)
Growth
Net margin
FY2026
$86.29B
+3.1%
$11.85
-3.1%
7.7%
FY2025
$83.67B
-3.1%
$12.23
-7.3%
8.3%
FY2024
$86.38B
-11.0%
$13.20
+29.8%
8.9%
FY2023
$97.06B
+0.8%
$10.17
-15.5%
6.6%
FY2022
$96.25B
+7.4%
$12.04
+55.4%
8.8%
Frequently asked questions
When is Lowe's's next earnings date?
Lowe's (LOW) is scheduled to report on Wednesday, November 18, 2026 before the market opens. Analysts expect EPS of $2.86.
What did Lowe's earn last quarter?
For the quarter ended Jul 2026, Lowe's reported diluted EPS of $4.27 (+0.0% year over year) on revenue of $25.96B (+8.3%).
Where do these numbers come from?
Reported revenue, net income and EPS come from the company's own 10-Q and 10-K filings with the SEC (XBRL data). The report date and consensus estimate come from the Nasdaq earnings calendar.
Not investment advice. Figures can be restated by the company in later filings.