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Lowe's earnings beat as sales jump more than 10% despite sluggish housing market
| USA | general | ✓ Verified - cnbc.com

Lowe's earnings beat as sales jump more than 10% despite sluggish housing market

#Lowe's earnings #Home improvement #Retail sales #Housing market #Wall Street expectations #Comparable sales #Fiscal year guidance #Stock performance

📌 Key Takeaways

  • Lowe's beat Q4 earnings and revenue expectations with 10%+ sales growth
  • Company projected 7-9% sales increase for full fiscal year
  • CEO emphasized strategy working despite housing market challenges
  • Lowe's stock has outperformed the market with nearly 16% year-to-date gains

📖 Full Retelling

Lowe's topped Wall Street's quarterly expectations with more than 10% sales growth in its fiscal fourth quarter ending January 30, 2026, despite a sluggish housing market and home improvement demand in the United States. The home improvement retailer reported earnings per share of $1.98 adjusted versus $1.94 expected, and revenue of $20.58 billion compared to $20.34 billion anticipated by analysts. While net income decreased to $999 million, or $1.78 per share, from $1.13 billion in the year-ago period, the company's top-line performance demonstrated resilience in a challenging economic environment. CEO Marvin Ellison emphasized that the company's strategy is resonating with both do-it-yourself customers and home professionals, as Lowe's continues to focus on productivity initiatives and market share growth regardless of macroeconomic conditions. The company provided optimistic guidance for the full fiscal year, projecting total sales between $92 billion and $94 billion, representing a 7% to 9% increase over the prior year, with adjusted earnings per expected between $12.25 and $12.75. Lowe's expects comparable sales to remain approximately flat to up 2% for the full year, suggesting cautious optimism about the home improvement market's trajectory. The retailer's performance contrasts with its competitor Home Depot, which also beat expectations but maintained more conservative guidance, reflecting ongoing consumer hesitation due to high borrowing costs, elevated housing prices, and broader economic concerns.

🏷️ Themes

Retail Performance, Housing Market, Corporate Earnings

📚 Related People & Topics

Housing market

Topics referred to by the same term

Housing market can refer to: The economics of real-estate used for residential purposes; see Real estate economics. Real estate business - buying, selling, or renting real estate (land, buildings, or housing). The problem of assigning indivisible items (such as houses) to people with different pref...

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Home improvement

Home improvement

Process of renovating or making additions to one's home

Home improvement is the process of renovating, making improvements or making additions to one's home. Home improvement can consist of projects that upgrade an existing home interior (such as electrical and plumbing), exterior (masonry, concrete, siding, roofing) or other improvements to the property...

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Retail

Retail

Sale of goods and services

Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is the sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly from or through a wholesaler, and then sells in smaller quantities to consumers for...

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Original Source
In this article LOW Follow your favorite stocks CREATE FREE ACCOUNT A Lowe's store in Concord, California, US, on Monday, Nov. 17, 2025. David Paul Morris | Bloomberg | Getty Images Lowe's topped Wall Street's quarterly revenue and earnings expectations on Wednesday, as the retailer's quarterly sales grew more than 10% year over year. The home improvement company said it expects total sales for the full current fiscal year to range between $92 billion and $94 billion, which would be a roughly 7% to 9% increase over the prior year. It said it expects adjusted earnings per share to be between $12.25 and $12.75 for the full year. Lowe's said it expects comparable sales, a metric that takes out one-time factors, to be approximately flat to up 2%. In a news release, CEO Marvin Ellison said the company's strategy is resonating with its do-it-yourself customers and home professionals, even as the home improvement market remains tepid. "While the housing macro remains pressured, we are focused on directing what is within our control, which includes our ongoing productivity initiatives," he said. "We remain confident that we are well-positioned to take share regardless of the macro environment." Here's what Lowe's reported for the fiscal fourth quarter compared with Wall Street's estimates, according to a survey of analysts by LSEG: Earnings per share: $1.98 adjusted vs. $1.94 expected Revenue: $20.58 billion vs. $20.34 billion expected Lowe's net income for the three-month period that ended Jan. 30 dropped to $999 million, or $1.78 per share, from $1.13 billion, or $1.99 per share, in the year-ago quarter. Revenue rose from $18.55 billion in the year-ago period. Its competitor, Home Depot , on Tuesday beat Wall Street's earnings and revenue expectations , but stuck by conservative full-year guidance. Its quarterly results reflected that home improvement demand remains tepid, as U.S. consumers continue to put off big projects because of high borrowing costs and housing price...
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