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Lowe's Boosts Pro Efficiency with AI-Driven Material Lists, a New Tool That Delivers Product Quotes in Minutes

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Positive)
Tags
AI

Lowe's (LOW) launched Material Lists, an AI-powered tool that converts handwritten notes, photos, spreadsheets and other files into quote-ready orders in minutes, in English and Spanish. It uses SKU matching and automated list digitization to reduce manual entry for Pro customers.

The tool complements Blueprint Takeoffs and Pro Extended Aisle, supporting MyLowe's Pro Rewards members who manage quotes, orders and purchase workflows via Lowes.com and the Lowe's app.

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AI-generated analysis. Not financial advice.

Positive

  • None.

Negative

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News Market Reaction – LOW

-1.65%
1 alert
-1.65% News Effect

On the day this news was published, LOW declined 1.65%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Reality Check

Price: $217.37 Vol: Volume 6,013,763 is 2.13x...
high vol
$217.37 Last Close
Volume Volume 6,013,763 is 2.13x the 20-day average of 2,821,463, indicating elevated interest ahead of this AI update. high
Technical Shares at 221.05 are trading below the 200-day MA of 249.22 and 24.57% below the 52-week high.

Peers on Argus

LOW gained 1.23% with strong volume while key peers like HD (+3.16%), FND (+6.55...

LOW gained 1.23% with strong volume while key peers like HD (+3.16%), FND (+6.55%) and TJX (+4.14%) also advanced, but scanner data did not flag a coordinated sector momentum move.

Previous AI Reports

2 past events · Latest: May 05 (Positive)
Same Type Pattern 2 events
Date Event Sentiment Move Catalyst
May 05 AI assistant launch Positive -0.9% Introduced first at-scale AI assistant for retail associates across 1,700+ stores.
Mar 05 AI advisor launch Positive +1.3% Launched Mylow AI virtual advisor to guide customers through home improvement projects.
Pattern Detected

AI announcements have produced mixed short-term reactions, with one positive and one negative move despite similar innovation themes.

Recent Company History

Over the past year, Lowe’s has repeatedly highlighted AI as part of its digital transformation, from launching the Mylow virtual advisor for customers to deploying the Mylow Companion AI assistant for store associates. Those AI announcements led to modest stock moves of -0.88% and +1.3%. Today’s Material Lists launch extends that same AI strategy to Pro estimating workflows, reinforcing a steady build-out of AI-driven tools across customer and associate touchpoints.

Historical Comparison

+0.2% avg move · In the last year, Lowe’s issued 2 AI-focused releases with an average move of 0.21%, suggesting past...
AI
+0.2%
Average Historical Move AI

In the last year, Lowe’s issued 2 AI-focused releases with an average move of 0.21%, suggesting past AI news prompted modest, mixed price reactions.

AI efforts progressed from a customer-facing virtual advisor to an associate assistant, now extending into Pro estimating and quoting workflows.

Market Pulse Summary

This announcement extends Lowe’s AI strategy into Pro workflows through Material Lists, which turns ...
Analysis

This announcement extends Lowe’s AI strategy into Pro workflows through Material Lists, which turns raw notes and files into quote-ready orders in minutes. It complements earlier AI initiatives like virtual advisors and associate tools, reinforcing a broader push to digitize customer and Pro experiences. Investors may watch adoption by MyLowe’s Pro Rewards members, integration with Blueprint Takeoffs and Pro Extended Aisle, and how these tools support Pro growth and operational efficiency over time.

Key Terms

ai-powered, sku
2 terms
ai-powered technical
"Material Lists, an AI-powered solution that converts handwritten notes, photos"
"AI-powered" describes technology that uses artificial intelligence to perform tasks, make decisions, or analyze information automatically. It’s similar to having a highly skilled assistant that can learn from data, recognize patterns, and improve over time, helping to make processes faster and more accurate. For investors, this means better insights and more efficient operations, potentially leading to smarter investment choices.
sku technical
"Using SKU matching and automated list digitization developed by Lowe's Technology"
A SKU (stock keeping unit) is a unique code a company assigns to a specific product variant—think of it as a product’s name tag that distinguishes size, color, model or packaging. Investors use SKUs to track which items sell, how fast inventory turns, and where profit comes from, so they reveal customer demand, supply-chain efficiency and revenue drivers much like each item in a supermarket tells the store which shelves are performing.

AI-generated analysis. Not financial advice.

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New tech-enabled capability simplifies estimating, saves time and helps Pros respond faster

MOORESVILLE, N.C., May 21, 2026 /PRNewswire/ -- Lowe's is helping Pro customers save time on estimating and quoting with the launch of Material Lists, an AI-powered solution that converts handwritten notes, photos, spreadsheets and other supported file types into quote-ready orders in minutes, with support for both English and Spanish language.  

For many Pros, balancing purchasing, project management and back-office work also means managing time-consuming estimating processes that require translating a variety of jobsite material lists into accurate quotes for their customers. The process can slow response times, increase the risk of errors and take time away from projects. Using SKU matching and automated list digitization developed by Lowe's Technology, Material Lists helps Pros turn raw material information into organized product lists and quotes in minutes, reducing manual entry and simplifying the estimating process.

"We know time is one of the most valuable resources for Pros and every minute spent manually building estimates or organizing material lists is time taken away from serving customers and growing their businesses," said Quonta (Que) Vance, executive vice president of Pro and Home Services at Lowe's. "Material Lists is part of our broader commitment to building smarter, faster solutions that simplify the customer journey and help Pros save time, work more efficiently and stay competitive. "

Together, capabilities like Material Lists; Blueprint Takeoffs, which helps Pros generate material lists and estimates directly from project plans; and Pro Extended Aisle, which expands product availability and order quantities far beyond what Pros see on the store shelves, reflect Lowe's continued investment in connected and AI-driven intelligent tools that keep projects moving from planning to purchase.

Through Lowes.com and the Lowe's app, MyLowe's Pro Rewards members can manage quotes, track orders, review purchase history and handle purchasing workflows from the field or in store. Lowe's continues to invest in connected tools, savings and solutions that help Pros manage and grow their businesses more efficiently. As Pros increasingly adopt digital platforms, Lowe's is enhancing the experience with streamlined operations and services designed to simplify everyday work.

For more information about Lowe's Pro capabilities, please visit Lowes.com/Pro.

About Lowe's
Lowe's Companies, Inc. (NYSE: LOW) is a FORTUNE® 100 home improvement company with total fiscal year 2025 sales of more than $86 billion. Lowe's employs approximately 300,000 associates and operates over 1,750 home improvement stores, 540 branches and 120 distribution centers. Based in Mooresville, N.C., Lowe's supports the communities it serves through programs focused on creating safe, affordable housing, improving community spaces, helping to develop the next generation of skilled trade experts and providing disaster relief to communities in need. For more information, visit Lowes.com.

Contact:
Erin Devaney
Lowe's Companies, Inc. 
erin.r.devaney@lowes.com 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/lowes-boosts-pro-efficiency-with-ai-driven-material-lists-a-new-tool-that-delivers-product-quotes-in-minutes-302778296.html

SOURCE Lowe's Companies, Inc.

FAQ

What is Lowe's (LOW) new AI-powered Material Lists tool for Pro customers?

Lowe's Material Lists is an AI-powered tool that turns various material inputs into quote-ready orders. According to Lowe's, it converts handwritten notes, photos, spreadsheets and other supported files into organized product lists, helping Pros reduce manual entry and simplify estimating.

How does Lowe's Material Lists help Pros save time on estimates and quotes?

Material Lists helps Pros by automating the creation of quotes from raw material information in minutes. According to Lowe's, it uses SKU matching and automated list digitization to cut manual data entry, speeding responses to customers and freeing time for project work.

Does Lowe's Material Lists support both English and Spanish for Pro users?

Yes, Lowe's Material Lists supports both English and Spanish for Pro customers. According to Lowe's, the AI-powered capability processes handwritten notes, photos, spreadsheets and other supported file types in either language, helping a wider range of Pros streamline their estimating workflows.

How does Material Lists fit with other Lowe's Pro digital tools like Blueprint Takeoffs?

Material Lists works alongside Blueprint Takeoffs and Pro Extended Aisle to support project planning and purchasing. According to Lowe's, these connected, AI-driven tools help Pros generate material lists, expand product access and keep projects moving from planning through purchase more efficiently.

Where can Lowe's Pro customers access the new Material Lists capability?

Pro customers can access Material Lists through Lowe's digital channels supporting MyLowe's Pro Rewards members. According to Lowe's, Pros can manage quotes, track orders, review purchase history and handle purchasing workflows from the field or in store via Lowes.com and the Lowe's app.