Lowes

Q2 FY2027 EarningsQ2 FY27 (ended July 31, 2026) results were mixed relative to consensus: revenue of $26.0B missed the $26.1B expectation by 0.56%, while Adjusted EPS of $4.40 beat the $4.22 mean estimate. Comparable sales grew 0.2%, supported by a 2.3% increase in average ticket despite a 2.1% decline in transactions. Gross margin of 33.04% was slightly above the expected 32.64%, even as it contracted 77 bps YoY due to acquisition costs and fuel inflation. Management maintained a $2.5B Capex guide for FY27, slightly below the anticipated $2.7B run-rate implied by quarterly estimates.