Lowe's Q1 Earnings Beat Expectations with Strong Revenue Growth
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 45 minutes ago
0mins
Should l Buy LOW?
Source: seekingalpha
- Earnings Beat: Lowe's reported a Q1 non-GAAP EPS of $3.03, exceeding expectations by $0.06, indicating a robust performance that underscores the company's profitability in a competitive retail landscape.
- Significant Revenue Growth: The company achieved revenue of $23.1 billion, reflecting a 10.4% year-over-year increase and surpassing market expectations by $220 million, demonstrating strong consumer demand that solidifies its market position.
- Store Expansion Update: As of May 1, 2026, Lowe's operates 1,759 stores with 196 million square feet of retail space, showcasing its ongoing efforts in retail network expansion that enhances market coverage.
- Commitment to Shareholder Returns: The company paid $674 million in dividends during the quarter, reflecting its commitment to shareholder returns, while affirming its fiscal year 2026 outlook with total sales projected between $92 billion and $94 billion.
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Analyst Views on LOW
Wall Street analysts forecast LOW stock price to rise
22 Analyst Rating
16 Buy
6 Hold
0 Sell
Moderate Buy
Current: 218.020
Low
250.00
Averages
278.27
High
316.00
Current: 218.020
Low
250.00
Averages
278.27
High
316.00
About LOW
Lowe's Companies, Inc. is a home improvement company. The Company offers a complete line of products for construction, maintenance, repair, remodeling, and decorating. It offers home improvement products in various categories, including appliances, seasonal and outdoor living, lumber, lawn and garden, kitchens and bath, hardware, building materials, millwork, paint, rough plumbing, tools, electrical, flooring, and decor. It is focused on offering a wide selection of national brand-name merchandise complemented by its selection of private brands. Its services include installed sales and Lowe's Protection Plans and Repair Services. The Company offers installation services through independent contractors in many of its product categories. It offers extended protection plans for certain products within the appliances, kitchens and bath, decor, millwork, rough plumbing, electrical, seasonal and outdoor living, tools, and hardware categories. It operates over 1,700 home improvement stores.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Lowe's Set to Announce Q1 Earnings on May 20
- Earnings Expectations: Lowe's is set to announce its Q1 earnings on May 20, with Wall Street expecting an EPS of $2.97 on revenues of $22.88 billion, reflecting a 9.3% year-over-year growth, which could positively impact the company's stock price.
- Annual Guidance: For FY26, Lowe's guidance indicates comparable sales are expected to be flat to up 2%, supporting total sales growth of 7%-9% to a range of $92.0 billion to $94.0 billion, showcasing the company's robust strategy amid market challenges.
- Analyst Ratings: Citi Research has assigned a 'Buy' rating to Lowe's, suggesting the company is likely to exceed first-quarter expectations, although the past three months have seen 19 downward revisions in EPS estimates, indicating market caution regarding its outlook.
- Stock Performance: Since the beginning of the year, Lowe's shares have fallen by 9%, contrasting with a 7% rise in the S&P 500 index, indicating a lack of confidence in its future performance, despite analysts maintaining an optimistic view.
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Lowe's Q1 Earnings Exceed Expectations Amid Housing Challenges
- Earnings Beat: Lowe's reported adjusted earnings per share of $3.03 for Q1, surpassing the expected $2.97, indicating strong performance driven by effective spring execution and online sales despite challenges in the housing market.
- Revenue Growth: The company achieved quarterly revenue of $23.08 billion, a 10% year-over-year increase that exceeded expectations of $22.97 billion, primarily fueled by robust sales in appliances, home services, and professional sales.
- Full-Year Guidance Reaffirmed: Lowe's expects total sales between $92 billion and $94 billion for the year, reflecting a 7% to 9% increase, and anticipates adjusted earnings per share between $12.25 and $12.75, demonstrating confidence in its strategic direction.
- Market Reaction: Despite beating expectations, Lowe's shares dipped slightly in premarket trading, highlighting market concerns regarding the sluggish housing market and cautious consumer sentiment.
See More
Lowe's Maintains Annual Forecast Amid Market Challenges
- Sales Performance Beat: Lowe's reported first-quarter sales of $23.08 billion, surpassing analysts' expectations of $22.97 billion, indicating steady demand from professional customers despite a challenging market environment.
- Annual Sales Forecast: The company anticipates fiscal 2026 comparable sales to be flat to up 2%, suggesting a cautiously optimistic outlook for Lowe's amidst ongoing challenges in the U.S. housing market.
- Adjusted Profit Expectations: Lowe's expects annual adjusted profit to range between $12.25 and $12.75, reflecting efforts to control costs and maintain profitability, even as consumer spending shows signs of slowing.
- Stock Price Fluctuation: Despite beating estimates, Lowe's shares fell about 2% in premarket trading, indicating market concerns over the sluggish U.S. housing market, which may impact consumer spending decisions.
See More
Lowe's Q1 Earnings Beat Expectations with Strong Revenue Growth
- Earnings Beat: Lowe's reported a Q1 non-GAAP EPS of $3.03, exceeding expectations by $0.06, indicating a robust performance that underscores the company's profitability in a competitive retail landscape.
- Significant Revenue Growth: The company achieved revenue of $23.1 billion, reflecting a 10.4% year-over-year increase and surpassing market expectations by $220 million, demonstrating strong consumer demand that solidifies its market position.
- Store Expansion Update: As of May 1, 2026, Lowe's operates 1,759 stores with 196 million square feet of retail space, showcasing its ongoing efforts in retail network expansion that enhances market coverage.
- Commitment to Shareholder Returns: The company paid $674 million in dividends during the quarter, reflecting its commitment to shareholder returns, while affirming its fiscal year 2026 outlook with total sales projected between $92 billion and $94 billion.
See More
Lowe's Q1 Earnings Report Expected
- Earnings Release Date: Lowe's is set to report its Q1 earnings on May 20, with an expected EPS of $2.97, indicating a stable performance in the market despite economic uncertainties.
- Mixed Analyst Ratings: While the overall outlook appears positive, analysts have mixed ratings for Lowe's, with price targets ranging from $250 to $285, reflecting differing opinions on the company's future performance.
- Market Reaction Potential: If actual earnings exceed expectations, it could drive the stock price up and boost investor confidence; conversely, disappointing results may pressure the stock and affect the company's competitive position in the retail sector.
- Industry Context Impact: In the current economic climate, Lowe's earnings report will serve as a crucial indicator of consumer spending and demand for building materials, potentially influencing market trends across the home improvement industry.
See More
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- Amazon Shareholder Dynamics: Despite a 7% decline from its May 5 high, Amazon's stock has gained nearly 27% in the past three months, showcasing its long-term growth potential, especially with Bezos remaining the largest shareholder.
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Lowe's Set to Announce Q1 Earnings on May 20
- Earnings Expectations: Lowe's is set to announce its Q1 earnings on May 20, with Wall Street expecting an EPS of $2.97 on revenues of $22.88 billion, reflecting a 9.3% year-over-year growth, which could positively impact the company's stock price.
- Annual Guidance: For FY26, Lowe's guidance indicates comparable sales are expected to be flat to up 2%, supporting total sales growth of 7%-9% to a range of $92.0 billion to $94.0 billion, showcasing the company's robust strategy amid market challenges.
- Analyst Ratings: Citi Research has assigned a 'Buy' rating to Lowe's, suggesting the company is likely to exceed first-quarter expectations, although the past three months have seen 19 downward revisions in EPS estimates, indicating market caution regarding its outlook.
- Stock Performance: Since the beginning of the year, Lowe's shares have fallen by 9%, contrasting with a 7% rise in the S&P 500 index, indicating a lack of confidence in its future performance, despite analysts maintaining an optimistic view.
See More
Lowe's Q1 Earnings Exceed Expectations Amid Housing Challenges
- Earnings Beat: Lowe's reported adjusted earnings per share of $3.03 for Q1, surpassing the expected $2.97, indicating strong performance driven by effective spring execution and online sales despite challenges in the housing market.
- Revenue Growth: The company achieved quarterly revenue of $23.08 billion, a 10% year-over-year increase that exceeded expectations of $22.97 billion, primarily fueled by robust sales in appliances, home services, and professional sales.
- Full-Year Guidance Reaffirmed: Lowe's expects total sales between $92 billion and $94 billion for the year, reflecting a 7% to 9% increase, and anticipates adjusted earnings per share between $12.25 and $12.75, demonstrating confidence in its strategic direction.
- Market Reaction: Despite beating expectations, Lowe's shares dipped slightly in premarket trading, highlighting market concerns regarding the sluggish housing market and cautious consumer sentiment.
See More
Lowe's Maintains Annual Forecast Amid Market Challenges
- Sales Performance Beat: Lowe's reported first-quarter sales of $23.08 billion, surpassing analysts' expectations of $22.97 billion, indicating steady demand from professional customers despite a challenging market environment.
- Annual Sales Forecast: The company anticipates fiscal 2026 comparable sales to be flat to up 2%, suggesting a cautiously optimistic outlook for Lowe's amidst ongoing challenges in the U.S. housing market.
- Adjusted Profit Expectations: Lowe's expects annual adjusted profit to range between $12.25 and $12.75, reflecting efforts to control costs and maintain profitability, even as consumer spending shows signs of slowing.
- Stock Price Fluctuation: Despite beating estimates, Lowe's shares fell about 2% in premarket trading, indicating market concerns over the sluggish U.S. housing market, which may impact consumer spending decisions.
See More
Lowe's Q1 Earnings Beat Expectations with Strong Revenue Growth
- Earnings Beat: Lowe's reported a Q1 non-GAAP EPS of $3.03, exceeding expectations by $0.06, indicating a robust performance that underscores the company's profitability in a competitive retail landscape.
- Significant Revenue Growth: The company achieved revenue of $23.1 billion, reflecting a 10.4% year-over-year increase and surpassing market expectations by $220 million, demonstrating strong consumer demand that solidifies its market position.
- Store Expansion Update: As of May 1, 2026, Lowe's operates 1,759 stores with 196 million square feet of retail space, showcasing its ongoing efforts in retail network expansion that enhances market coverage.
- Commitment to Shareholder Returns: The company paid $674 million in dividends during the quarter, reflecting its commitment to shareholder returns, while affirming its fiscal year 2026 outlook with total sales projected between $92 billion and $94 billion.
See More
Lowe's Q1 Earnings Report Expected
- Earnings Release Date: Lowe's is set to report its Q1 earnings on May 20, with an expected EPS of $2.97, indicating a stable performance in the market despite economic uncertainties.
- Mixed Analyst Ratings: While the overall outlook appears positive, analysts have mixed ratings for Lowe's, with price targets ranging from $250 to $285, reflecting differing opinions on the company's future performance.
- Market Reaction Potential: If actual earnings exceed expectations, it could drive the stock price up and boost investor confidence; conversely, disappointing results may pressure the stock and affect the company's competitive position in the retail sector.
- Industry Context Impact: In the current economic climate, Lowe's earnings report will serve as a crucial indicator of consumer spending and demand for building materials, potentially influencing market trends across the home improvement industry.
See More
U.S. Stocks Weighed Down by High Yields, Nvidia Earnings on Radar
- Nvidia Stock Fluctuation: Nvidia shares have risen 17.4% over the past three months but have dropped 6% from last week's high, indicating market caution ahead of its earnings report, which could impact investor confidence.
- High Yield Impact: The U.S. 30-year Treasury yield reached 5.197% during trading, the highest level since 2007, reflecting a deteriorating bond market that may pressure equities, leading to a 0.6% drop in the S&P 500 and a 0.9% decline in the Nasdaq 100.
- Amazon Shareholder Dynamics: Despite a 7% decline from its May 5 high, Amazon's stock has gained nearly 27% in the past three months, showcasing its long-term growth potential, especially with Bezos remaining the largest shareholder.
- Emerging Market Pressure: The iShares MSCI Emerging Markets ETF has lost 2.4% in the past week due to inflation and high rates, while the Brazil and Mexico ETFs have dropped nearly 6% and 3%, respectively, indicating waning market confidence in emerging economies.
See More
