Lowe’s Companies (NYSE:LOW) Announces Earnings Results

Lowe’s Companies (NYSE:LOW) announced its earnings results on Wednesday. The home improvement retailer reported $3.03 earnings per share for the quarter, beating the consensus estimate of $2.97 by $0.06, FiscalAI reports. Lowe’s Companies had a negative return on equity of 61.40% and a net margin of 7.71%.The company had revenue of $23.08 billion for the quarter, compared to the consensus estimate of $22.98 billion. During the same period last year, the business posted $2.92 EPS. The company’s revenue was up 10.3% on a year-over-year basis. Lowe’s Companies updated its FY 2026 guidance to 12.250-12.750 EPS.

Here are the key takeaways from Lowe’s Companies’ conference call:

• Lowe’s reported Q1 sales of $23.1 billion, with comparable sales up 0.6% and adjusted EPS of $3.03, driven by strong spring execution and continued strength in pro, appliances, online, and home services.
• Pro, online, and home services remained key growth engines, with online sales up 15.5% and management highlighting gains from loyalty, same-day delivery, and AI tools like Mylow and Mylow Companion.
• The company affirmed its fiscal 2026 outlook, including sales of $92 billion-$94 billion, comparable sales of flat to up 2%, and adjusted EPS of approximately $12.25-$12.75.
• Management said the broader home improvement market remains challenged by high interest rates, low housing turnover, and weak DIY demand, but Lowe’s expects to keep taking share through disciplined execution and its Total Home strategy.
• Executives emphasized that AI and productivity initiatives are already improving operations, from faster pro quoting to better replenishment and back-end efficiency, with the company targeting $1 billion in PPI benefits this year.

Lowe’s Companies Stock Performance

Shares of NYSE:LOW opened at $221.25 on Thursday. Lowe’s Companies has a 52-week low of $208.00 and a 52-week high of $293.06. The company has a market capitalization of $123.92 billion, a P/E ratio of 18.67, a price-to-earnings-growth ratio of 4.19 and a beta of 0.91. The company has a 50-day simple moving average of $236.07 and a 200 day simple moving average of $248.40.

Lowe’s Companies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, May 6th. Investors of record on Wednesday, April 22nd were paid a $1.20 dividend. This represents a $4.80 annualized dividend and a yield of 2.2%. The ex-dividend date was Wednesday, April 22nd. Lowe’s Companies’s dividend payout ratio (DPR) is 40.51%.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. Swiss RE Ltd. acquired a new position in Lowe’s Companies during the 4th quarter worth about $25,000. Wilkerson Advisory Group LLC purchased a new stake in shares of Lowe’s Companies during the 4th quarter valued at $27,000. Triumph Capital Management purchased a new position in Lowe’s Companies in the 3rd quarter worth $34,000. Garton & Associates Financial Advisors LLC bought a new stake in Lowe’s Companies during the fourth quarter worth about $49,000. Finally, Osterweis Capital Management Inc. raised its holdings in shares of Lowe’s Companies by 4,620.0% during the second quarter. Osterweis Capital Management Inc. now owns 236 shares of the home improvement retailer’s stock valued at $52,000 after purchasing an additional 231 shares during the last quarter. 74.06% of the stock is owned by institutional investors.

Trending Headlines about Lowe’s Companies

Here are the key news stories impacting Lowe’s Companies this week:

• Positive Sentiment: Lowe’s delivered a Q1 earnings and revenue beat, with adjusted EPS of $3.03 and sales of $23.08 billion, while comparable sales rose 0.6%. LOWE’S REPORTS FIRST QUARTER 2026 SALES AND EARNINGS RESULTS
• Positive Sentiment: Growth in pro sales, online sales, appliances and home services suggests the company is executing well in better-performing channels. Lowe’s beats Wall Street expectations against ‘challenging’ housing backdrop
• Positive Sentiment: Analysts highlighted Lowe’s pro momentum and spring execution as evidence that the business is holding up better than feared. Lowe’s Q1 Earnings Beat on Pro Momentum & Strong Spring Execution
• Neutral Sentiment: Management maintained its FY2026 outlook, but the guidance range was below consensus, tempering enthusiasm after the beat. Lowe’s maintains annual forecasts amid challenging housing demand
• Negative Sentiment: CEO comments about the “most difficult housing market” since the financial crisis reinforced concerns that demand could stay soft. Lowe’s CEO says this is the ‘most difficult housing market’ since the financial crisis

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on LOW shares. Jefferies Financial Group reissued a “buy” rating and issued a $305.00 price target on shares of Lowe’s Companies in a report on Wednesday, February 25th. Raymond James Financial lowered Lowe’s Companies from a “market perform” rating to a “market perform” rating in a research note on Tuesday, May 12th. Wolfe Research cut their price objective on Lowe’s Companies from $285.00 to $284.00 and set an “outperform” rating for the company in a report on Wednesday, February 4th. Citigroup raised Lowe’s Companies from a “neutral” rating to a “buy” rating and set a $285.00 target price on the stock in a research report on Tuesday, May 12th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Lowe’s Companies from $300.00 to $325.00 and gave the stock an “overweight” rating in a research report on Monday, February 9th. Twenty-two equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $283.76.

About Lowe’s Companies

Lowe’s Companies, Inc is a leading home improvement retailer that operates large-format stores and digital channels serving both do-it-yourself homeowners and professional contractors. The company offers a broad assortment of products including building materials, lumber, appliances, tools and hardware, plumbing and electrical supplies, paint, flooring, kitchen and bath fixtures, outdoor and garden products, and home decor. Lowe’s also provides a range of services such as installation, home improvement financing, tool and equipment rental, and contractor-focused sales programs.

Operations are centered on a nationwide brick-and-mortar store network supported by distribution centers and an e-commerce platform that enables online ordering, delivery and in-store pickup.