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Lowe’s Q1 Sales up $2.2 Billion From Year Prior

May 27, 2026

Lowe’s Companies Inc. (Mooresville, N.C.) reported $23.1 billion in total sales for the first quarter of 2026, up from $20.9 billion the year before. Net earnings remained flat at $1.6 billion and dilute earnings per share were $2.90, down from $2.92 the previous year.

During the quarter, Lowe’s recognized $96 million in pre-tax expenses associated with the acquisitions of Foundation Building Materials and Artisan Design Group. With these expenses excluded, adjusted diluted earnings per share rose 3.8% year-over-year to $3.03.

Comparable sales for the quarter increased 0.6%, while online sales increased 15.5%.

Read the full report here.

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