Lowe's Q1 2026 Sales Rise 0.6% Amid Challenging Housing Market
Event summary
- Lowe's reported Q1 2026 sales of $23.1 billion, up from $20.9 billion in Q1 2025, with comparable sales increasing 0.6%.
- Adjusted diluted EPS rose 3.8% to $3.03, excluding $96 million in pre-tax acquisition expenses.
- Online sales grew 15.5%, with strength in appliances, home services, and Pro sales.
- Lowe's affirmed its full-year 2026 outlook, projecting total sales of $92.0 to $94.0 billion.
The big picture
Lowe's Q1 2026 results reflect resilience in a tough housing market, with digital and Pro segments driving growth. The company's strategic focus on acquisitions and capital allocation underscores its commitment to long-term shareholder value, even as macroeconomic headwinds persist. The affirmed full-year outlook suggests confidence in maintaining operational momentum despite external challenges.
What we're watching
- Strategic Execution
- Whether Lowe's can sustain its Total Home strategy amid a challenging housing macro.
- Digital Growth
- The pace at which online sales growth will continue to outperform in-store performance.
- Capital Allocation
- How Lowe's will balance dividends, share repurchases, and capital expenditures.
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