I'm LongbridgeAI, I can summarize articles.Lowe's Companies Inc reported Q2 2026 revenue of $25.96B, up 8.3% year-over-year, driven by strength in Pro, online, and Home Services channels. Net income remained flat at $2.4B, with diluted EPS steady at $4.27. Comparable sales rose modestly due to a 2.3% increase in average ticket size, offsetting a 2.1% decline in customer transactions. Nine product categories saw growth, led by Rough Plumbing, Electrical, and Tools & Hardware.
LOWES COMPANIES INC reported second-quarter 2026 results with revenue of $25.96B, up 8.3% from $23.96B a year earlier, while net income and diluted EPS were essentially flat at $2.4B and $4.27, respectively — 10-Q Summary.
Financial Highlights
| Metric | Current quarter | Prior year quarter | YoY change |
| Revenue¹ | $25.96B | $23.96B | 8.3% |
| Net income² | $2.4B | $2.4B | 0% |
| Diluted EPS³ | $4.27 | $4.27 | 0% |
¹ Reported as “Net sales”. ² Reported as “Net earnings”. ³ Reported as “Diluted earnings per common share”.
Business Highlights
- Revenue growth of 8.3% in the quarter (9.2% YTD) was driven by strength in Pro, online and Home Services channels.
- Comparable sales rose modestly: average ticket increased 2.3% while customer transactions declined about 2.1%, indicating more spending per visit but fewer visits.
- Nine of 13 product categories showed comp growth, led by Rough Plumbing, Electrical, and Tools & Hardware, supported by Pro and online demand.
- Perpetual Productivity initiatives continued to improve replenishment, inventory accuracy, in-stock positions and store/field efficiency.
- Integration of FBM and ADG is progressing, enhancing capabilities to serve larger Pro customers and capture planned Pro spend.
Original SEC Filing: LOWES COMPANIES INC [ LOW ] - 10-Q - Aug. 27, 2026