What is the market's earnings forecast for Lowe's Companies next quarter?

What factors drove the changes in Lowe's Companies's revenue and profit?

What were the key takeaways from Lowe's Companies’s earnings call?

What is the revenue and EPS growth rate for Lowe's Companies year over year?

What is Lowe's Companies's latest dividend and current dividend yield?

What is Lowe's Companies's gross profit margin?

What guidance did Lowe's Companies's management provide for the next earnings period?

Did Lowe's Companies beat or miss consensus estimates last quarter?

- **Q4 Growth**: $20.6B sales, +1.3% comp, driven by Pro (+10.5% online) and winter storms.
- **Profitability**: FY2025 adjusted EPS $12.28, 2026 guidance $12.25-12.75 with 11.2-11.4% margin.
- **Strategic Moves**: 600 job cuts, $125M associate bonus, AI tools boosting productivity.
- **Risks**: Housing market cautious, 30bps margin dilution from FBM/ADG, tariff uncertainty.
- **Spring Focus**: Garden, outdoor, and home services with best-in-class inventory.

**【CEO Summary】**
- Q4 2025 sales: $20.6 billion, comparable sales +1.3%, driven by Pro, online, and winter storm demand.
- FY2025 adjusted EPS: $12.28 (+2% YoY), despite housing market headwinds.
- Pro business growth: 10.5% Q4 online sales, record Black Friday/Cyber Monday.
- Workforce reduction: 600 corporate roles cut to improve financial agility.
- $125M discretionary bonus awarded to frontline associates.

**【CFO Financial Commentary】**
- Q4 GAAP EPS: $1.78; adjusted EPS: $1.98 (excludes acquisition-related charges).
- 2026 guidance: Sales $92-94B, comp sales flat to +2%, adjusted EPS $12.25-12.75.
- Operating margin: 11.2-11.4% (11.6-11.8% adjusted), with 30bps dilution from FBM/ADG.
- $1B+ productivity initiatives, including PPI and AI-driven cost savings.

**【Q&A Highlights】**
- **Pro Extended Aisle**: Exceeding expectations, adding new suppliers weekly, planned spend growth.
- **Acquisition Integration**: FBM/ADG expected to contribute $8B in 2026, accretive to EPS despite 50bps annualized dilution.
- **AI Impact**: Mylow Companion tool boosting associate productivity, 1M+ monthly queries, Spanish language support.
- **Tariff Management**: Global sourcing playbook effective, monitoring new trade policies.
- **Spring Outlook**: Optimistic on garden, outdoor, and home services, despite macro uncertainty.

Lowe's Companies, Inc.(LOW)-20260225-2026 Q4 Earnings call transcript

- **Topline resilience**: 0.4% comp growth in Q3 despite storm-related headwinds, driven by Pro and online channels. 
- **AI-driven growth**: Virtual assistants doubled conversion rates, with 1M+ monthly interactions. 
- **Strategic acquisitions**: FBM acquisition adds $1.3B annual sales, with 50 bps margin dilution in 2025. 
- **Financial discipline**: 34.2% gross margin (50 bps YoY expansion), $17.2B inventory with 15% SKU reduction. 
- **Debt management**: $8.8B FBM financing with 2.75x leverage target by mid-2027. 
- **Long-term opportunity**: HELOC-driven remodels and FBM/ADG cross-selling could accelerate 2026 recovery. 


**【CEO Summary Section】**
- Q3 2025 sales: $20.8 billion with comparable sales up 0.4% YoY, despite 100 basis point headwind from storm-related demand. Adjusted EPS: $3.06 (6% YoY growth). 
- Total Home Strategy progress: 
  - Small to medium Pro sales growth via Pro extended aisle integration with FBM. 
  - Online sales +11.4% driven by AI-powered virtual assistants (1M+ monthly interactions). 
  - Home services comps up double digits, driven by tech-enabled quoting and scheduling. 
- AI adoption: Lowe's recognized by OpenAI for 100 billion token milestone, with Mylow virtual assistant doubling conversion rates and improving customer satisfaction by 200 bps. 
- FBM acquisition: $8.8B purchase price, 50% commercial business mix, and immediate Pro extended aisle integration. 

**【CFO Financial Commentary】**
- GAAP EPS: $2.88; adjusted EPS: $3.06 (6% YoY). 
- Gross margin: 34.2% (+50 bps YoY) due to SKU rationalization and better inventory management. 
- SG&A: 19.6% of sales (36 bps deleverage vs. prior year). 
- Inventory: $17.2B (-$400M YoY), including $600M from acquisitions. 
- Acquisitions impact: 20 bps margin dilution in 2025, 50 bps annualized in 2026. 
- Debt: $8.8B FBM financing (50% bonds, 20% term loan, 30% cash). Target leverage: 2.75x by mid-2027. 

**【Q&A Highlights】**
- **Macro outlook**: Consumer confidence cautious but strong balance sheets ($400K avg home equity). HELOCs could drive remodel spending. 
- **Pro business**: Small to medium Pro sentiment stable (75% confident in job prospects), with FBM integration enhancing fulfillment. 
- **Margin sustainability**: 50 bps annualized margin dilution from FBM/ADG, offset by PPI initiatives ($1B+ annual savings). 
- **Marketplace**: Early success with 4+ star sellers, with returns handled via physical stores. 
- **Tariffs**: Q3 impact neutralized by pricing, but headwinds expected in 2026. 
- **Acquisition integration**: FBM and ADG ERP systems aligned, with no harm to standalone performance. 


Lowe's Companies, Inc. (LOW) Q3 2026 Earnings Call Transcript

- **$8.8B FBM Acquisition**: Expands Pro market reach with 40,000 customers and 25% CAGR track record; accretive in first full year.
- **Q2 2025 Results**: $24B sales (+1.1% comp), adjusted EPS $4.33 (+5.6% YoY); Pro growth and seasonal recovery drive performance.
- **Total Home Strategy**: ADG + FBM enable end-to-end solutions for large Pro customers, targeting $250B TAM.
- **Financial Outlook**: 2025 sales $84.5-85.5B, adjusted EPS $12.20-12.45; FBM to negatively impact margin by ~15bps in 2025.
- **Pro Engagement**: 75% of Pros confident in 2025; FBM tools (MyFBM app, AI takeoff) enhance Pro Desk efficiency.

**【CEO Summary Section】**
- Announced acquisition of Foundation Building Materials (FBM) for $8.8 billion, targeting the $250 billion Pro market. FBM's 14-year track record includes 25% CAGR in revenue and 30% in EBITDA, with 40,000 Pro customers.
- Q2 2025 sales of $24 billion (+1.1% comp), driven by seasonal recovery and Pro growth. Adjusted EPS of $4.33 (+5.6% YoY). FBM expected to be accretive in first full year post-close.
- Total Home strategy expanded with ADG and FBM, offering end-to-end solutions for large Pro customers (e.g., drywall, ceilings, flooring).
- Pro segment growth continued, with online sales up 7.5% and creator network partnerships (e.g., MrBeast) enhancing Gen Z engagement.

**【CFO Financial Commentary】**
- GAAP EPS: $4.27; adjusted EPS: $4.33 (excludes $43M transaction costs). Gross margin improved 37bps to 33.8% due to PPI initiatives and cost control.
- Full-year 2025 guidance: Sales $84.5-85.5B, comp flat to +1%, adjusted EPS $12.20-12.45. FBM to negatively impact margin by ~15bps in 2025.
- Free cash flow $3.7B in Q2; $1.3B used for ADG acquisition. Dividend increased to $1.20/share. Debt-to-EBITDAR target 2.75x by Q2 2027.

**【Q&A Key Highlights】**
- **Pro Sentiment**: 75% of Pros confident in 2025 outlook, focusing on repair/remodel. FBM's MyFBM app and AI takeoff tools to enhance Pro Desk efficiency.
- **Flooring Performance**: Daltile launch drove strength in DIY and Pro categories; centralized selling improved LTR (lifetime transaction rate).
- **Weather Impact**: $400M seasonal shift from Q1 to Q2; July comps +4.7% due to improved weather and promotional execution.
- **Integration Strategy**: FBM's ERP and geographic footprint (California, Northeast) complement Lowe's stores; ADG/ FBM combo to offer full interior solutions.
- **Tariffs & Pricing**: 60% of goods sourced domestically; dynamic pricing tools maintain competitiveness while managing inflation.

Lowe's Companies, Inc. (LOW) Q2 2025 Earnings Call Transcript

- **Q1 Results**: $20.9B sales, 1.7% comp decline, 6% online growth, mid-single-digit Pro sales growth.
- **Strategic Acquisitions**: $1.325B ADG deal to expand Pro services in new home construction.
- **AI & Technology**: MyLowe's Virtual Adviser and Miracle marketplace drive omnichannel innovation.
- **Financial Strength**: $2.9B free cash flow, FY25 EPS guidance $12.15-12.40, 12.3-12.4% operating margin.
- **Risks**: DIY discretionary weakness, 7% mortgage rates, $400M spring demand shift to Q2.

**【CEO Summary Section】**
- Q1 2025 sales: $20.9 billion, comparable sales down 1.7%, in line with expectations.
- Customer satisfaction scores up 100 basis points, recognized as #1 in customer satisfaction by J.D. Power.
- Pro sales grew mid-single digits, driven by small to medium Pro demand and successful Pro Loyalty Program relaunch.
- Online sales up 6%, supported by expanded assortment and Miracle marketplace partnership.
- Launched MyLowe's AI-powered Virtual Adviser, winning a Webby Award for the Lowe's mobile app.
- Acquired Artisan Design Group (ADG) for $1.325 billion to expand Pro services in new home construction.
- Committed to diversifying global sourcing, reducing China dependency from 30% to 20% over 5 years.

**【CFO Financial Commentary】**
- Diluted EPS: $2.92, in line with expectations.
- Gross margin: 33.4% (up 19 bps YoY), driven by productivity initiatives.
- SG&A: 19.3% of sales (de-levered 56 bps YoY) due to lower sales and wage actions.
- Free cash flow: $2.9 billion; capital expenditures: $518 million (new store builds).
- FY25 outlook: Sales $83.5-84.5 billion, EPS $12.15-12.40, operating margin 12.3-12.4%.
- ADG acquisition expected to be EPS accretive in FY26.

**【Q&A Highlights】**
- **Pro Growth & ADG**: ADG targets $50B Pro plan spend market; ADG sales $1.8B in 2024. Pro sales growth driven by loyalty program and job site delivery.
- **Tariffs & Sourcing**: 60% of purchases from U.S., 20% from China. Diversifying sourcing with private brand partnerships.
- **DIY Trends**: Big-ticket discretionary demand soft, but Appliances (+6%) and Pro offset weakness.
- **Weather Impact**: Q1 comps adjusted for Easter shift: -0.9% March, +0.2% April. Q2 expected to outperform FY25 comp guide.
- **Extended Aisle**: Scaling Pro-focused initiative for direct supplier-to-customer delivery.
- **Marketplace Growth**: Miracle partnership to expand premium and value product offerings without inventory risk.

Lowe's Companies, Inc. (LOW) Q1 2025 Earnings Call Transcript

- **Q4 2024 Strong Execution**: 0.2% positive comp sales vs. expectations, driven by pro (high single-digit growth) and online (9.5% growth), despite macro challenges.
- **2025 Growth Ambition**: Target 100-200 bps above flat market through pro penetration, online acceleration, and $1 billion PPI savings.
- **Pro Strategy Payoff**: Redesigned MyLowe’s Pro Rewards program and AI-powered virtual advisor enhance customer experience, with pro comps growing 10%+ online.
- **Financial Discipline**: 12.3-12.4% operating margin guidance for 2025, supported by $7.7 billion free cash flow and $6.5 billion shareholder returns in 2024.

**【CEO Summary Section】**
- Lowe’s delivered Q4 2024 sales of $18.6 billion with 0.2% positive comparable sales, driven by pro and online momentum, seasonal DIY performance, and hurricane recovery efforts.
- Full-year 2024 adjusted EPS of $11.99 and operating margin of 12.3%, despite a challenging home improvement macro with elevated mortgage rates and cautious consumer spending.
- Pro comps grew at high single digits for the second consecutive quarter, supported by a transformed pro offering, inventory depth, and the nationwide launch of the redesigned MyLowe’s Pro Rewards program.
- Online sales grew 9.5% in Q4, with record-breaking Black Friday and Cyber Monday performance, and the launch of an AI-powered virtual advisor on lowes.com in collaboration with OpenAI.
- 2025 outlook: Sales range of $83.5-84.5 billion, flat to +1% comparable sales, and operating margin of 12.3-12.4%, driven by $1 billion in productivity initiatives across PPI (Perpetual Productivity Improvement) and strategic investments in pro, online, and home services.

**【CFO Financial Commentary】**
- Q4 2024 GAAP EPS of $1.99, excluding a $80 million gain on contingent consideration, adjusted EPS was $1.93, beating expectations.
- Gross margin improved 46 bps to 32.9% due to PPI initiatives, while adjusted SG&A de-levered 8 bps to 21.0% of sales.
- Free cash flow of $7.7 billion in 2024, returning $6.5 billion to shareholders through dividends and buybacks.
- 2025 capital expenditures of $2.5 billion, with plans to open 5-10 new stores, reflecting investments in tech-driven productivity and growth initiatives.

**【Q&A Key Highlights】**
- **2025 Market Outlook**: Home improvement market expected to be flat, with pro outpacing DIY. Lowe’s aims to grow 100-200 bps above market through pro penetration, online acceleration, and home services expansion.
- **Gross Margin Trends**: Flat for 2025 as PPI gains offset supply chain and strategic investment costs. Q1 2025 operating margin rate expected to be 50 bps below full-year guide due to sales deleverage and wage investments.
- **Pro Growth Drivers**: Small to medium pro loyalty program (MyLowe’s Pro Rewards) with tailored rewards, exclusive discounts, and business solutions. Pro comps grew 10%+ online in Q4, with broad-based strength across merchandising categories.
- **Risks and Challenges**: Elevated mortgage rates, cautious DIY discretionary spending, and weather-related volatility (e.g., January 2025 sales pressured by 150 bps from poor weather).

Lowe's Companies (LOW) Q4 2024 Earnings Call Transcript

Lowe's Companies (LOW)-19 Nov 24-2025 Q3 Earnings call transcript

Lowe's Companies (LOW)-20 Aug 24-2025 Q2 Earnings call transcript

Lowe`s Cos. (LOW)-21 May 24-2025 Q1 Earnings call transcript

Lowe`s Cos. (LOW)-27 Feb 24-2024 Q4 Earnings call transcript

Lowe`s Cos. (LOW)-21 Nov 23-2024 Q3 Earnings call transcript

Lowe`s Cos. (LOW)-22 Aug 23-2023 Q2 Earnings call transcript

Lowe`s Cos. (LOW)-23 May 23-2023 Q1 Earnings call transcript

Lowe`s Cos. (LOW)-1 Mar 23-2022 Q4 Earnings call transcript

Lowe`s Cos. (LOW)-16 Nov 22-2022 Q3 Earnings call transcript

Lowe`s Cos. (LOW)-17 Aug 22-2022 Q2 Earnings call transcript

Lowe`s Cos. (LOW)-18 May 22-2022 Q1 Earnings call transcript

Lowe`s Cos. (LOW)-23 Feb 22-2021 Q4 Earnings call transcript

Lowe`s Cos. (LOW)-17 Nov 21-2021 Q3 Earnings call transcript

Lowe`s Cos. (LOW)-18 Aug 21-2021 Q2 Earnings call transcript

Lowe`s Cos. (LOW)-19 May 21-2021 Q1 Earnings call transcript

Lowe`s Cos. (LOW)-24 Feb 21-2020 Q4 Earnings call transcript

Lowe`s Cos. (LOW)-18 Nov 20-2020 Q3 Earnings call transcript

Lowe`s Cos. (LOW)-19 Aug 20-2020 Q2 Earnings call transcript

Lowe`s Cos. (LOW)-20 May 20-2020 Q1 Earnings call transcript

Lowe`s Cos. (LOW)-26 Feb 20-2019 Q4 Earnings call transcript

Lowe`s Cos. (LOW)-20 Nov 19-2019 Q3 Earnings call transcript

Lowe`s Cos. (LOW)-21 Aug 19-2019 Q2 Earnings call transcript

Lowe`s Cos. (LOW)-22 May 19-2019 Q1 Earnings call transcript

Lowe`s Cos. (LOW)-27 Feb 19-2018 Q4 Earnings call transcript

Lowe`s Cos. (LOW)-20 Nov 18-2018 Q3 Earnings call transcript

Lowe`s Cos. (LOW)-22 Aug 18-2018 Q2 Earnings call transcript

Lowe`s Cos. (LOW)-23 May 18-2018 Q1 Earnings call transcript

Lowe`s Cos. (LOW)-28 Feb 18-2017 Q4 Earnings call transcript

Lowe`s Cos. (LOW)-21 Nov 17-2017 Q3 Earnings call transcript

Actual																0.94	1.77	3.75	1.98	1.33	3.21	4.25	2.73	1.78	3.51	4.67	3.27	2.28	3.67	4.56	3.06	1.77	3.06	4.1	2.89	1.93	2.92	4.33	3.06	1.98
Forecast																0.9137	1.3211	2.9194	1.9848	1.2144	2.6104	4.0151	2.3473	1.734	3.2203	4.5847	3.0901	2.2068	3.4432	4.4688	3.0266	1.6783	2.951	3.9732	2.8225	1.8403	2.8819	4.242	2.9686	1.9405
Surprise	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	+2.88%	+33.98%	+28.45%	-0.24%	+9.52%	+22.97%	+5.85%	+16.30%	+2.65%	+9.00%	+1.86%	+5.82%	+3.32%	+6.59%	+2.04%	+1.10%	+5.46%	+3.69%	+3.19%	+2.39%	+4.87%	+1.32%	+2.07%	+3.08%	+2.04%

Actual	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--	16.03B	19.68B	27.30B	22.31B	20.31B	24.42B	27.57B	22.92B	21.34B	23.66B	27.48B	23.48B	22.45B	22.35B	24.96B	20.47B	18.60B	21.36B	23.59B	20.17B	18.55B	20.93B	23.96B	20.81B	20.58B
Forecast	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--	16.15B	18.34B	24.32B	21.17B	19.42B	23.81B	26.76B	22.08B	20.92B	23.76B	28.12B	23.12B	22.71B	21.60B	24.97B	20.87B	18.47B	21.14B	23.87B	19.94B	18.30B	20.94B	23.95B	20.80B	20.34B
Surprise	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-0.76%	+7.29%	+12.26%	+5.38%	+4.58%	+2.55%	+3.05%	+3.80%	+1.98%	-0.44%	-2.30%	+1.56%	-1.16%	+3.45%	-0.06%	-1.92%	+0.72%	+1.06%	-1.20%	+1.16%	+1.41%	-0.03%	+0.05%	+0.08%	+1.18%

LOW

LOW fundamentals

LOW Q4 2026 Earnings

Earnings Call

You can ask Aime

LOW

LOW fundamentals

LOW Q4 2026 Earnings

Earnings Call

LOW Earnings Call Summary for Q4/20269:00 AM on Feb 25, 2026

LOW Earnings Call Summary for Q3/20269:00 AM on Nov 19, 2025

LOW Earnings Call Summary for Q2/20269:00 AM on Aug 20, 2025

LOW Earnings Call Summary for Q1/20269:00 AM on May 21, 2025

LOW Earnings Call Summary for Q4/20259:00 AM on Feb 26, 2025

You can ask Aime