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Lowe's (LOW) reports mixed Q2 results, narrows full-year outlook below estimates. Stock falls 0.4% to $219.96. Analysts maintain ratings, lower price targets.
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Filed: 2026-09-02 AccNo: 0000060667-26-000119 Size: 253 KB Item 5.02: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
Lowe's beat Q2 earnings expectations with $4.40 EPS but missed revenue forecasts and significantly lowered fiscal 2026 guidance to flat comparable sales and $12.25 EPS. While Pro, Online, and Home Services segments showed strength with 15.7% online sales growth, weak DIY demand, housing pressures, and margin headwinds from fuel, transportation, and competitive pricing drove the cautious outlook reset.
https://www.sec.gov/Archives/edgar/data/60667/000162828026059420/lowes-sx3asr.htm
Guggenheim analyst Steven Forbes maintains Lowe's Companies (NYSE:LOW) with a Buy and lowers the price target from $300 to $275.