
"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."
"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."
"Total sales for the quarter were $20.6 billion, compared to $18.6 billion in the prior-year quarter. Comparable sales for the quarter increased 1.3%, driven by continued growth in Pro, online and home services sales, as well as strong holiday performance."
Lowe's delivered strong fourth-quarter results with earnings of $1.98 per share, surpassing analyst expectations of $1.94, and quarterly revenue of $20.58 billion, exceeding estimates of $20.34 billion. Total sales reached $20.6 billion compared to $18.6 billion year-over-year, with comparable sales increasing 1.3% driven by Pro segment growth, online expansion, and home services. The company awarded $125 million in discretionary bonuses to frontline associates. For 2026, Lowe's projects total sales of $92.0 to $94.0 billion with comparable sales flat to up 2%, operating margins of 11.2% to 11.4%, and diluted earnings per share of $11.75 to $12.25. Despite strong results, stock declined over 6% as markets digested the report.
Read at 24/7 Wall St.
Unable to calculate read time
Collection
[
|
...
]