Lowe’s reports flat EPS, 0.2% comparable-sales growth and lowers 2026 outlook

Lowe’s reported second-quarter 2026 sales of $26.0 billion and net earnings of $2.4 billion for the quarter ended July 31, with diluted EPS unchanged at $4.27 and adjusted diluted EPS up 1.6% to $4.40. Comparable sales increased 0.2%, supported by Pro, home services and a 15.7% increase in online sales, while the company paid $673 million in dividends. Lowe’s now expects fiscal 2026 sales of $92.0 billion, flat comparable sales, diluted EPS of approximately $11.75 and adjusted diluted EPS of approximately $12.25, narrowing and reducing its prior outlook ranges.