Every 10-Q that Lowes Companies (LOW) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow LOW and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full LOW filings page.
LOWES COMPANIES INC (LOW) reported solid top-line growth but flat earnings for the quarter ended July 31, 2026. Net sales rose 8.3% to $25.96 billion, with comparable sales up 0.2%, driven by a 2.3% increase in average ticket that offset a 2.1% decline in customer transactions. Nine of 13 product categories grew, led by Rough Plumbing, Electrical, and Tools & Hardware, supported by strength in Pro, online, and Home Services. The recently acquired FBM and ADG businesses contributed meaningfully to overall sales, including $1.94 billion from the Other segment this quarter.
Despite higher sales, profitability compressed. Gross margin fell 77 bps to 33.04%, and operating margin declined 81 bps to 13.67%, reflecting the cost structure and amortization from acquisitions and higher fuel costs, partially offset by credit revenues and about $80 million of tariff refunds. Net earnings were essentially flat at $2.40 billion, with diluted EPS unchanged at $4.27, while adjusted diluted EPS improved modestly to $4.40.
For the first six months of 2026, net sales increased 9.2% to $49.03 billion, but net earnings dipped slightly to $4.03 billion and net margin declined to 8.21%. Cash from operations was strong at $7.01 billion, funding $1.06 billion of capital expenditures, $1.35 billion in dividends, and $366 million of share repurchases while repaying $2.40 billion of debt. Long-term debt stood at $35.20 billion, with investment-grade ratings and $5.0 billion of undrawn revolving credit capacity. Return on invested capital was a robust but lower 25.5% versus 29.5% a year earlier. A $12.5 million EPA-related civil penalty and new consent decree were finalized but are small relative to overall results.
Lowe’s Companies reported first-quarter 2026 results showing strong sales growth but flat profits. Net sales rose 10.3% to $23.1 billion, driven by contributions from the 2025 acquisitions of Artisan Design Group (ADG) and Foundation Building Materials (FBM) and growth in Pro, online and home services.
Comparable sales increased 0.6%, with a 1.5% gain in average ticket offset by a 0.9% drop in customer transactions. Net earnings were $1.6 billion, similar to a year ago, and diluted EPS edged down to $2.90 from $2.92 as gross margin and operating margin contracted due mainly to the cost structure and intangible amortization from the new businesses.
Operating cash flow was a solid $3.35 billion, funding $521 million of capital spending, $674 million of dividends and $365 million of share repurchases. Lowe’s ended the quarter with $0.8 billion in cash, $4.6 billion of revolver availability and continued deleveraging after issuing $5.0 billion of notes and a $2.0 billion term loan in late 2025.
Lowe’s Companies (LOW) reported third-quarter 2025 net sales of $20.8 billion, up 3.2% from a year ago, with comparable sales up 0.4%. Growth came from a 3.4% increase in average ticket, partly offset by a 3.0% decline in customer transactions. Net earnings were $1.6 billion and diluted EPS was $2.88, down from $2.99 as higher SG&A, acquisition-related costs, and interest expense pressured margins.
The company closed two major Pro-focused acquisitions: Artisan Design Group for $1.3 billion and Foundation Building Materials for $8.8 billion, adding $5,755 million of intangibles and $3,671 million of goodwill. Operating cash flow for the first nine months was $8.3 billion versus capex of $1.6 billion, while net cash used in investing reached $11.7 billion mainly from these deals. Long-term debt excluding current maturities rose to $37.5 billion, supported by a new $2.0 billion term loan and $5.0 billion of unsecured notes. Lowe’s paid $2.0 billion in dividends year-to-date and effectively paused share repurchases, leaving $10.8 billion authorized.
Lowe's Companies, Inc. reported interim results highlighting strategic M&A activity, steady liquidity, and modest top-line improvement. Comparable sales for the second quarter improved 1.1%, driven by seasonal categories, Pro customers and online growth. For the first six months of fiscal 2025, operating cash flow was approximately $7.6 billion, with capital expenditures of $1.0 billion and dividends paid of $645 million. The company closed the acquisition of Artisan Design Group (ADG) on June 2, 2025 for $1.3 billion, recording $379 million of goodwill and preliminary intangible assets including a $26 million backlog and $8 million of non-compete assets. On August 20, 2025 Lowe's announced an agreement to acquire Foundation Building Materials for approximately $8.8 billion. As of August 1, 2025, cash and equivalents were $4.9 billion and combined undrawn credit availability totaled $4.0 billion. The company paused share repurchases in fiscal 2025 and had $10.8 billion remaining under its repurchase program. Effective tax rates were ~24.0%.