Earnings call briefFiscal second-quarter 2026

Lowe's Companies updates 2026 outlook to bottom end of prior range

The company expects sales of approximately $92 billion, roughly flat comparable sales, adjusted operating margin of approximately 11.6% and adjusted diluted earnings per share of approximately $12.25.

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On its fiscal second-quarter 2026 call, Lowe's Companies said the update reflects first-half results and current consumer demand and housing trends. The company said the update is in line with the bottom end of its previous guidance range. It also said it expects fiscal third-quarter adjusted diluted earnings per share to be approximately 7% below prior year adjusted diluted earnings per share.

Quotes from the call

“We expect sales of approximately $92 billion with roughly flat comparable sales, and we expect adjusted operating margin of approximately 11.6% and full year adjusted diluted earnings per share of approximately $12.25.”

Brandon Sink, Executive Vice President and Chief Financial Officer

Key facts from the call

Full-year 2026 sales outlook
Approximately $92 billion, with roughly flat comparable sales
Full-year 2026 adjusted operating margin outlook
Approximately 11.6%
Full-year 2026 adjusted diluted EPS outlook
Approximately $12.25
Full-year 2026 capital expenditures outlook
Up to $2.5 billion

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Source: Lowe's Companies' fiscal second-quarter 2026 earnings call, August 19, 2026.

Written by GetSignal with AI from the company's earnings call.

Not investment advice.

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