Today, Lowe’s surpassed Wall Street’s expectations for quarterly revenue and earnings, with profits reflecting a sales increase of over 10% year over year. This consistent growth by the home improvement retailer has occurred despite a slow housing market.
The company stated that its growth was fueled by success with home professionals, online sales, and home services, supported by a robust holiday season.
In Q4, Lowe’s reported an adjusted earnings per share of $1.98, surpassing the expected $1.94. Revenue reached $20.58 billion, exceeding the forecast of $20.34 billion.
Comparable sales for the quarter climbed 1.3%.
The company announced that its projected total sales for the entire current fiscal year are expected to be between $92 billion and $94 billion, representing approximately a 7% to 9% rise compared to the previous year.
Marvin R. Ellison, Lowe’s chairman, president and CEO, told investors, “We delivered strong results this quarter, as our Total Home strategy is resonating with both our Pro and DIY customers, which was evident during a great holiday season. Given our outperformance this quarter, we awarded $125 million in discretionary bonuses to our frontline associates in recognition of their hard work and outstanding customer service.”
Moving forward, “While the housing macro remains pressured, we are focused on directing what is within our control, which includes our ongoing productivity initiatives. We remain confident that we are well-positioned to take share regardless of the macro environment.”
As of Jan. 30, 2026, Lowe’s operated 1,759 stores.
Lowe’s shares are up nearly 16% year-to-date.
By CEO NA Editorial Staff
