Lowe's falls after forecasting annual sales, profit below estimates

Lowes Companies

25/02/2026 11:22

** Shares of home-improvement retailer Lowe's LOW.N down ~3% at $270.50 premarket

** LOW forecasts annual same-store sales and profit below estimates due to weak demand for big-ticket home renovations

** Expects full-year comparable sales to be flat to up 2%, compared with analysts' estimate of a 2% rise, according to data compiled by LSEG

** Sees fiscal 2026 adjusted earnings per share to be between $12.25 and $12.75, largely below the estimate of $12.95 per share

** However, reports fourth-quarter same-store sales growth of 1.3%, beating the estimate of a 0.4% rise, driven by consistent gains in Pro, online as well as strong holiday performance

** The stock fell about 2% in 2025

(Reporting by Anuja Bharat Mistry in Bengaluru)

((AnujaBharat.Mistry@thomsonreuters.com))