Lowe's Companies Inc (LOW) reported robust financial results for the third quarter of fiscal 2026, surpassing analyst expectations. The company's earnings per share (EPS) reached $3.06, exceeding the consensus estimate of $3.00 by $0.06. Revenue totaled $20.8 billion, slightly below the anticipated $21.0 billion.
This performance reflects Lowe's ongoing commitment to its core retail operations, which focus on home improvement products. The company, headquartered in Mooresville, North Carolina, operates over 1,700 stores and employs 161,000 full-time workers. Its diverse product offerings cater to construction, maintenance, and home remodeling needs, featuring both national brands and private labels.
Lowe's will host an earnings conference call at BMO to discuss these results further and provide insights into its business performance. Investors are encouraged to review the full earnings release and management commentary for a comprehensive understanding of the quarter's performance and future outlook.
Looking ahead, Lowe's is scheduled to report its next earnings on May 19, 2026, with analysts estimating an EPS of $3.18 and revenue of $22.8 billion. The company's market capitalization stands at $124.6 billion, with a trailing P/E ratio of 18.16 and a dividend yield of 213.3%.