MAAT INDEX

CLAIM #38361 · Lowe's Companies Inc (LOW) · 2025Q4 earnings call · Feb 25, 2026 · due Dec 31, 2026

We're gonna start cycling that over the second half of the year and expect that to move more in line with neutral again as we, as we start looking at the second half of the year.

Brandon Sink · CFO

PENDING
graded after results covering Dec 31, 2026 are reported

How to check this claim

Look at: Comparable sales growth split between transaction (customer traffic) count and average ticket, as disclosed for Lowe's fiscal 2026 second half (Q3 and Q4)

It came true if: Transaction growth contribution moves to approximately neutral (within roughly -0.5 to +0.5 percentage points relative to ticket contribution) in H2 FY2026, versus ticket-weighted growth in H1 FY2026

Where: Company-disclosed comparable sales commentary (Q3 and Q4 FY2026 earnings releases and earnings call transcripts)

In context

that, meaningful growth opportunity is still ahead of us. The investments that we have made, with our transform offerings in our home services business, and so, and continuing to make the investments in the Total Home strategy. Katharine McShane: Then I just wondered if we could follow up with Brandon, how we should be thinking about the cadence of transaction versus ticket throughout 2026? Brandon Sink: Yes. Sure, Kate. I think when we look at 26 and what's embedded with the guide, similar to the second half of 2025 that we saw, we do expect the growth to be more weighted towards ticket in the first half of 26, and that's primarily as we, as we wrap the tariff price increases that we've been implementing. As we move into the second half, we do expect to see transaction trends to improve. We're gonna start cycling that over the second half of the year and expect that to move more in line with neutral again as we, as we start looking at the second half of the year. Operator: Our next question comes from the line of Simeon Gutman with Morgan Stanley. Unknown Analyst: This is Zach on for Simeon. Thanks for taking our question. What are the strategic priorities for the wholesale distribution business? Can you give us an update on the integration of FBM and ADG with the core Lowe's business? Marvin Ellison: This is Marvin. I'll take the first part, and then I'll let Brandon jump in. First, what I would say is that we're really excited about the integration activities and the progress that we're making with both FBM and ADG. When you think about the future of acquisitions, we've already made a few tuck-in acquisitions for both FBM and ADG, and we feel as though we'll continue to do that to ensure that we're building out this interior solutions platform t

Verify independently

SEC filings for LOW · Claim quote is verbatim from the 2025Q4 earnings call.