Lowe’s Sales Up 8.3% in Q2, Comp Sales Up 0.2%, Earnings Flat

Mooresville, NC, August 19, 2026—Lowe’s reported Q2 2026 sales were $26.0 billion, an 8.3% increase compared to $24.0 billion in the prior-year quarter. Comp sales for Q2 increased 0.2% driven by strong performance in Pro and home services sales, as well as a 15.7% increase in online sales, partially offset by persistent DIY macro pressures.

The company reported net earnings of $2.4 billion for Q2 2026, virtually flat with the prior year quarter.

During the second quarter ended July 31, 2026, the company recognized $96 million in pre-tax expenses associated with the acquisitions of Foundation Building Materials (FBM) and Artisan Design Group (ADG). 

For the first six months of 2026, sales were $49 billion, a 9.1% increase compared to $44.9 billion in the prior year half while net earnings were virtually flat YOY at $4.0 billion.

“Sustained growth in Pro, Online and Home Services led to our fifth consecutive quarter of positive comp sales, despite pressure in discretionary DIY spending,” said Marvin R. Ellison, Lowe’s chairman, president and CEO. “While the near-term remains dynamic, our teams are executing at a high level, advancing our Total Home strategy and investing to drive growth and profitability. I would like to thank all of our frontline associates for their hard work and dedication to our customers.”

As of July 31, 2026, Lowe’s operated 1,761 stores, representing 196.0 million square feet of retail selling space.