CLAIM #38376 · Lowe's Companies Inc (LOW) · 2026Q1 earnings call · May 20, 2026 · due Jul 31, 2026
“This results in first half sales and adjusted diluted earnings per share essentially in line with our expectations from the start of the year.”
Brandon Sink · CFO
How to check this claim
Look at: First half (H1) net sales and adjusted diluted EPS, fiscal year
It came true if: H1 FY2026 net sales and adjusted diluted EPS both fall within the range implied by company's original full-year guidance issued at start of fiscal year
Where: Company press release / Q2 earnings call (management commentary comparing actual H1 results to original full-year guidance)
In context
“and Home Services to continue to drive performance. Based on this, we expect second quarter comp sales to be roughly in line with the midpoint of our full year guide, and we expect second quarter adjusted operating margins to be pressured from: the impact of acquisitions, which we will begin to anniversary in the second half of the year; investments in our sales driving actions, which are more focused in the second quarter due to our mix into the spring season and key holidays; and near-term pressure from higher transportation costs that we are actively working to offset through productivity initiatives in the back half of the year. Additionally, we expect adjusted diluted earnings per share in the second quarter to be approximately 2% below prior year adjusted diluted earnings per share. This results in first half sales and adjusted diluted earnings per share essentially in line with our expectations from the start of the year. We have been clear in our intent to remain competitive and drive sales in this environment, particularly around key seasonal moments and through enhanced fulfillment options, and we are seeing customers respond to those actions consistent with our expectations. As we look ahead, we are confident in our team's ability to continue executing with discipline while navigating within the current uncertain environment. We remain committed to advancing our Total Home strategy and driving value for both our customers and shareholders. And with that, we will open it up for your questions. Operator: [Operator Instructions] First question comes from the line of Christopher Horvers with JPMorgan. Christopher Horvers: I wanted to put the comp outlook into perspective, and think about the first quarter”
Verify independently
SEC filings for LOW ↗ · Claim quote is verbatim from the 2026Q1 earnings call.