CLAIM #38397 · Lowe's Companies Inc (LOW) · 2026Q1 earnings call · May 20, 2026 · due Jan 31, 2027
“So we're going to continue to drive that, continue to work through that. and that gives us confidence again to our ability to deliver the $1 billion for this year.”
Brandon Sink · CFO
How to check this claim
Look at: Cumulative productivity/cost savings (PPI - perpetual productivity improvement) delivered for fiscal year, as disclosed by company
It came true if: Company-reported PPI savings for fiscal 2026 >= $1 billion
Where: Management commentary/company disclosure on Q4 FY2026 earnings call or annual report
In context
“faction improvement based on the use of the companion tool. So we're leveraging it. We understand that it is definitely a tool for productivity, but it's also a tool to enhance capabilities of existing associates. I'll let Brandon kind of wrap it up. Brandon Sink: Yes. Peter, I'll just add Marvin covered off there on how we shop, how we sell under the framework. You mentioned a few areas all very much in motion under the how we work, right? So demand planning, allocation, replenishment, our pricing and promotional platforms, assortment planning. These are all areas as we've allocated capital this year that we're investing heavily in. We're starting to see benefits the $1 billion of PPI that we've messaged starting to become more and more apportionment to these efforts in these categories. So we're going to continue to drive that, continue to work through that. and that gives us confidence again to our ability to deliver the $1 billion for this year. Shelly Hubbard: Thank you all for joining us today. We look forward to speaking with you on our second quarter earnings call in August. Operator: This concludes the Lowe's first quarter 2026 earnings call. You may now disconnect.”
Verify independently
SEC filings for LOW ↗ · Claim quote is verbatim from the 2026Q1 earnings call.