Lowe's Sales Up 11% in Q1, Earnings Flat at $1.6 Billion

Mooresville, NC, May 20, 2026-Lowe’s reported total sales for Q1 2026 were $23.1 billion, a 11% increase compared to sales of $20.9 billion in the prior-year quarter. Comparable sales for the quarter increased 0.6%, driven by strong spring execution as well as a 15.5% online sales growth and continued strength in appliances, home services and Pro sales.

Net earnings for Q1 2026 were $1.6 billion, virtually flat with the prior year quarter. During Q1 2026, the company recognized $96 million in pre-tax expenses associated with the acquisitions of Foundation Building Materials (FBM) and Artisan Design Group (ADG). 

As of May 1, 2026, Lowe’s operated 1,759 stores, representing 196.0 million square feet of retail selling space.