Q2 FY27 · Ended Jul 31, 2026 · View SEC filing
Bought distributors, not existing stores, supplied the growth
Total sales rose 8.34% while comparable sales rose 0.2%, so most of the growth came from acquisitions.
For investorsWhat has to go right for the acquisitions to pay off?
For foundersGrowing order size when customer visits fall
Sales rose 8.34%, yet net earnings rose 0.04%, as amortization of acquired assets and higher interest absorbed the gain.
Comparable ticket rose 2.3% while transactions fell, leaving comparable sales almost flat as customers chose repairs over projects.
Capital spending took 2.09% of sales, so free cash flow reached 130% of net earnings this quarter.
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Business Lens describes Lowe's from its own filings with the SEC. It is not a view on its shares, a target, or advice to buy, sell or hold anything; figures are as filed and may be restated by the company later. The filing is linked above.
