Lowe's reported second-quarter net earnings of $2.4 billion and diluted EPS of $4.27, matching last year’s figure. Adjusted EPS rose 1.6% to $4.40 after excluding $96 million in acquisition-related expenses. Comparable sales grew slightly by 0.2%, driven by strong Pro, home services, and online sales, despite challenges in DIY spending. The company updated its 2026 outlook, expecting flat comparable sales and adjusted diluted EPS around $12.25, reflecting current demand trends and tariff refunds.
The Q2 earnings season is winding down with 737 global companies reporting results this week. Retailers like Walmart, Target, Home Depot, Lowe’s, TJX, and Ross Stores are under scrutiny as consumers prioritize essentials and bargain hunting amid a co...
Target and Lowe's both report earnings on August 19, 2026, providing insights into U.S. consumer spending in retail and home improvement. Analysts overwhelmingly favor Lowe's with a strong buy rating and a 23.7% implied upside, while Target sees more...
Next week, key retail earnings from Walmart, Target, and Home Depot will provide insights into the health of the U.S. consumer amid high borrowing costs and a slow housing market. Home Depot's report will highlight home improvement demand, Target's w...
