Lowe's Companies, Inc. (LOW) Earnings Call Transcripts
Lowe's Companies, Inc.'s Latest Earnings Call - September 15, 2026
In the earnings call held on September 15, 2026, Lowe's Companies, Inc. (LOW:US) reported continued resilience in a challenging housing market, with management indicating expectations for the second half of the year to mirror the first half. The company achieved positive comparable sales for five consecutive quarters, driven by strong digital growth, which increased over 15% for two consecutive quarters. Management maintained guidance for stable pricing and emphasized their commitment to operational discipline despite macroeconomic pressures, suggesting a cautious but optimistic outlook for the fiscal year.
Reported metrics
| Metric | Value |
|---|---|
| Comparable Sales Growth | Positive for 5 consecutive quarters (positive) |
| Digital Sales Growth | Over 15% for 2 consecutive quarters (positive) |
| Market Share in Appliances | Gaining share (positive) |
| Pricing Stability | Expected to remain stable (neutral) |
| Acquisition Impact | Expanded addressable market significantly (positive) |
| Operational Discipline | Ongoing focus on expense management (positive) |
Guidance from management
Management anticipates stable pricing for the second half of the year and remains committed to operational discipline and profitability, despite ongoing macroeconomic challenges.
What management said
Look, we anticipate them to be virtually the same. Speaking specifically to Lowe's. Again, as I stated earlier, we're going to always be disciplined around pricing. We're going to be focused on value, but we're not going to put ourselves in a position where we're going to be overly promotional. So I think what you'll see in the second half will be very consistent with what you've seen in the first half and what you'v...
What analysts pressed on
Analysts expressed concerns regarding the potential impact of elevated interest rates on consumer spending and the overall housing market. There was also discussion about how the acquisitions might affect margins in the near term.
Main topics on the call
- Resilience in Sales — Lowe's reported five consecutive quarters of positive comparable sales, indicating strong performance despite a challenging housing environment. CEO Marvin Ellison stated, "we still believe that we can grow in any macro ...
- Digital Growth — The company experienced over 15% growth in digital sales for two consecutive quarters, showcasing successful investments in their digital channels. Ellison noted, "we're just now in the early stages of investing in our m...
- Market Share Gains — Lowe's is gaining market share in key categories like appliances, attributed to their unique fulfillment capabilities. Ellison emphasized, "we remain the only retailer in the U.S. that can deliver and install a major app...
- Pricing Strategy — Management indicated that pricing will remain stable in the second half of the year, with Ellison stating, "we're going to be focused on value, but we're not going to put ourselves in a position where we're going to be o...
Read the full Lowe's Companies, Inc. transcript (September 15, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Lowe's Companies, Inc.
Lowe's Companies, Inc. (LOW) is a publicly listed company in the Specialty Retail industry, within the Consumer Discretionary sector. It trades on NYSE and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 62 calls on record spanning February 26, 2020 to September 15, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 62 Lowe's Companies, Inc. earnings call transcripts on record, spanning February 26, 2020 to September 15, 2026. Based on this history, Lowe's Companies, Inc. reports quarterly. The most recent call on file is dated September 15, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- LOW
- Exchange
- NYSE
- Country
- US
- Sector
- Consumer Discretionary
- Industry
- Specialty Retail
- Calls on record
- 62
- First call
- February 26, 2020
- Most recent
- September 15, 2026
- Reporting cadence
- quarterly