CLAIM #38381 · Lowe's Companies Inc (LOW) · 2026Q1 earnings call · May 20, 2026 · due Jan 31, 2027
“And we're forecasting that Pro will continue to outperform DIY not only in the second half but for the balance of the year, and we think the Pro Extended Aisle initiative is tied directly to that outcome.”
Marvin Ellison · CEO
How to check this claim
Look at: Comparable sales growth rate for Pro segment vs. DIY segment
It came true if: Pro comparable sales growth > DIY comparable sales growth in each remaining quarter of fiscal year (Q2, Q3, Q4)
Where: Company management commentary / segment performance disclosure on quarterly earnings calls (10-Q and 10-K filings, LOW)
In context
“w if it's at a point where you can maybe comment on how fast that segment is growing versus the total Pro segment and whether you're already capturing revenue synergies, you sort of hinted at it, right, cross-selling synergies with FBM, but love to hear you maybe just expand more about the Pro Extended Aisle initiative. Marvin Ellison: Well, look, we're excited about it. It's part of our initiative to do a better job of getting more Pro plan sales, and it gives us the opportunity to literally extend our product offering our delivery capabilities without having to add inventory to our stores. We are in the process of continuing to add suppliers and capabilities but we believe the Pro Extended Aisle success is a direct correlation to the fact that we had another strong quarter in Pro sales. And we're forecasting that Pro will continue to outperform DIY not only in the second half but for the balance of the year, and we think the Pro Extended Aisle initiative is tied directly to that outcome. Operator: Next question is from the line of Kate McShane with Goldman Sachs. Katharine McShane: We know in the original guidance discussion you have left some room for possible promotions. How does that look in Q1? And what are your thoughts around promotions heading into the rest of the year? Marvin Ellison: So the first thing is when we think about promotional cadence, we're really consistent with how we perform year-over-year. We're excited about some of the things that we were able to do with SpringFest, and we're really excited about what's coming up with some of these big holiday events in the second quarter. But as an overall comparison, we're very consistent with how we have historically executed promotions. I'll let Bill talk about some of the key promotional activity from Q1 tha”
Verify independently
SEC filings for LOW ↗ · Claim quote is verbatim from the 2026Q1 earnings call.