Lowe's Non-GAAP EPS of $1.98 beats by $0.04, revenue of $20.58B beats by $240M

Lowe’s press release (LOW): Q4 Non-GAAP EPS of $1.98 beats by $0.04.
Revenue of $20.58B (+10.9% Y/Y) beats by $240M.
Comparable sales for the quarter increased 1.3%, driven by continued growth in Pro, online, and home services sales, as well as strong holiday performance.
Full Year 2026 Outlook
- Total sales of $92.0 to $94.0 billion vs $93.28B consensus or an increase of approximately 7% to 9% compared to prior year
- Comparable sales expected to be flat to up 2% as compared to prior year
- Operating income as a percentage of sales (operating margin) of 11.2% to 11.4%
- Adjusted operating income as a percentage of sales (adjusted operating margin) of 11.6% to 11.8%
- Net interest expense of approximately $1.6 billion
- Effective income tax rate of approximately 24.5%
- Diluted earnings per share of approximately $11.75 to $12.25
- Adjusted diluted earnings per share of approximately $12.25 to $12.75 vs $12.94 consensus
- Capital expenditures of approximately $2.5 billion
Shares -3% PM.

Lowe’s Non-GAAP EPS of $1.98 beats by $0.04, revenue of $20.58B beats by $240M