Lowe's beats quarterly sales estimates
20/05/2026 11:01
May 20 (Reuters) - Lowe's LOW.N beat Wall Street estimates for first-quarter sales on Wednesday, helped by steady demand from professional customers even as households push back big-ticket do-it-yourself projects amid macroeconomic uncertainty. The home improvement retailer posted quarterly sales of $23.08 billion, compared with analysts' estimates of $22.97 billion, according to data compiled by LSEG. (Reporting by Anuja Bharat Mistry in Bengaluru; Editing by Sriraj Kalluvila) ((AnujaBharat.Mistry@thomsonreuters.com))
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