Lowe's (LOW) Q2 2026 Earnings Outlook Trimmed to $92 Billion

Lowe's (LOW) reported second-quarter revenue of $25.96 billion, falling short of the $26.16 billion forecast by analysts. The company trimmed its full-year outlook to total sales of $92 billion, the bottom of its prior range, and adjusted earnings per share guidance was narrowed to $12.25. Despite a 1.6% increase in adjusted EPS from the previous year, comparable-store sales were only up 0.2% amid challenges in the DIY market. The revised outlook reflects broader pressures in the home improvement sector, impacting Lowe's stock, which fell about 2% in premarket trading. This matters for investors as it indicates ongoing struggles in retail spending, particularly in discretionary categories.