Lowe's Lowers Fiscal 2026 Outlook as DIY Demand and Margins Weaken
Lowe’s reset its fiscal 2026 outlook after a second-quarter earnings beat, weighing weak discretionary DIY demand and margin headwinds. The company now expects about $92B in sales with flat comparable sales, an adjusted operating margin near 11.6%, and adjusted earnings around $12.25 per share, as Pro, Online and Home Services continue offsetting softness.