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Form 8-K

sec.gov

8-K — LOWES COMPANIES INC

Accession: 0000060667-26-000062

Filed: 2026-05-20

Period: 2026-05-20

CIK: 0000060667

SIC: 5211 (RETAIL-LUMBER & OTHER BUILDING MATERIALS DEALERS)

Item: Results of Operations and Financial Condition

Item: Financial Statements and Exhibits

Documents

8-K — low-20260520.htm (Primary)

EX-99.1 — PRESS RELEASE (exhibit991-05012026.htm)

EX-99.2 — INFOGRAPHIC (exhibit992-05202026.htm)

GRAPHIC (exhibit992-05202026001.jpg)

GRAPHIC (exhibit992-05202026002.jpg)

GRAPHIC (exhibit992-05202026003.jpg)

GRAPHIC (exhibit992-05202026004.jpg)

GRAPHIC (low-20260520_g1.jpg)

GRAPHIC (lowesgraphicimage01a.jpg)

XML — IDEA: XBRL DOCUMENT (R1.htm)

8-K

8-K (Primary)

Filename: low-20260520.htm · Sequence: 1

low-20260520

LOWES COMPANIES INC0000060667false00000606672026-05-202026-05-20

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 20, 2026

LOWE’S COMPANIES, INC.

(Exact name of registrant as specified in its charter)

North Carolina 1-7898 56-0578072

(State or other jurisdiction

of incorporation) (Commission File

Number) (IRS Employer

Identification No.)

1000 Lowes Blvd., Mooresville, NC

28117

(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code:

(704) 758-1000

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading Symbol(s) Name of each exchange on which registered

Common Stock, par value $0.50 per share LOW New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

☐ Emerging growth company

☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

Item 2.02    Results of Operations and Financial Condition.

On May 20, 2026, Lowe’s Companies, Inc. (the “Company”) issued a press release and related infographic, furnished as Exhibits 99.1 and 99.2, respectively, and incorporated herein by reference, announcing the Company’s financial results for its first quarter ended May 1, 2026.

The information provided pursuant to Item 2.02, including the exhibits attached hereto, is being furnished and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed to be incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in any such filing.

Item 9.01    Financial Statements and Exhibits.

(d) Exhibits:

Exhibit No. Description

99.1

Press Release, dated May 20, 2026, announcing the financial results of Lowe’s Companies, Inc. for its first quarter ended May 1, 2026.

99.2

Infographic relating to the financial results of Lowe’s Companies, Inc. for its first quarter ended May 1, 2026.

104 Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

LOWE’S COMPANIES, INC.

Date: May 20, 2026

By: /s/ Dan C. Griggs, Jr.

Name: Dan C. Griggs, Jr.

Title: Senior Vice President, Tax and Chief Accounting Officer

EX-99.1 — PRESS RELEASE

EX-99.1

Filename: exhibit991-05012026.htm · Sequence: 2

Document

Exhibit 99.1

May 20, 2026

For 6:00 a.m. ET Release

LOWE’S REPORTS FIRST QUARTER 2026 SALES AND EARNINGS RESULTS

— Diluted EPS of $2.90; Adjusted Diluted EPS1 of $3.03 —

— Comparable Sales increased 0.6% —

— Affirms Full Year 2026 Outlook —

MOORESVILLE, N.C., May 20, 2026 – Lowe’s Companies, Inc. (NYSE: LOW) today reported net earnings of $1.6 billion and diluted earnings per share (EPS) of $2.90 for the quarter ended May 1, 2026, compared to diluted EPS of $2.92 in the first quarter of 2025. During the first quarter, the company recognized $96 million in pre-tax expenses associated with the acquisitions of Foundation Building Materials (FBM) and Artisan Design Group (ADG). Excluding these expenses, first quarter 2026 adjusted diluted EPS1 increased 3.8% to $3.03 compared to the prior-year diluted EPS.

Total sales for the quarter were $23.1 billion, compared to $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.

“Strong spring execution and continued momentum in Pro, Appliances, Online, and Home Services supported a solid start to the year as we delivered our fourth consecutive quarter of positive comp sales,” said Marvin R. Ellison, Lowe’s chairman, president and CEO. “In spite of a challenging housing macro, we remain focused on advancing our Total Home strategy to provide the best experience for our customer. I’d also like to thank our associates for their dedication to serving our customers throughout the busy spring season.”

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

Capital Allocation

The company remains committed to generating sustainable shareholder value through a disciplined focus on its capital allocation program. During the quarter, the company paid $674 million in dividends.

1 Adjusted diluted earnings per share is a non-GAAP financial measure. Refer to the “Non-GAAP Financial Measures Reconciliation” section of this release for additional information, as well as reconciliations between the company’s GAAP and non-GAAP financial results.

Lowe’s Business Outlook

The company is affirming its outlook for fiscal year 2026.

Full Year 2026 Outlook

•Total sales of $92.0 to 94.0 billion 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%

•Adjusted1 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

•Adjusted1 diluted earnings per share of approximately $12.25 to $12.75

•Capital expenditures of up to $2.5 billion

A conference call to discuss first quarter 2026 operating results is scheduled for today, Wednesday, May 20, at 9 a.m. ET. The conference call will be available by webcast and can be accessed by visiting Lowe’s website at ir.lowes.com and clicking on Lowe’s First Quarter 2026 Earnings Conference Call Webcast. Supplemental slides will be available prior to the start of the conference call. A replay of the call will be archived at ir.lowes.com.

Lowe’s Companies, Inc.

Lowe's Companies, Inc. (NYSE: LOW) is a FORTUNE® 100 home improvement company with total fiscal year 2025 sales of more than $86 billion. Lowe's employs approximately 300,000 associates and operates over 1,750 home improvement stores, 540 branches and 120 distribution centers. Based in Mooresville, N.C., Lowe's supports the communities it serves through programs focused on creating safe, affordable housing, improving community spaces, helping to develop the next generation of skilled trade experts and providing disaster relief to communities in need. For more information, visit Lowes.com.

1 Adjusted diluted earnings per share is a non-GAAP financial measure. Refer to the “Non-GAAP Financial Measures Reconciliation” section of this release for additional information, as well as reconciliations between the company’s GAAP and non-GAAP financial results.

Disclosure Regarding Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Statements including words such as “believe”, “expect”, “anticipate”, “plan”, “desire”, “project”, “estimate”, “intend”, “will”, “should”, “could”, “would”, “may”, “strategy”, “potential”, “opportunity”, “outlook”, “scenario”, “guidance”, and similar expressions are forward-looking statements. Forward-looking statements involve, among other things, expectations, projections, and assumptions about future financial and operating results, objectives (including objectives related to environmental and social matters), business outlook, priorities, sales growth, shareholder value, capital expenditures, cash flows, the housing market, the home improvement industry, demand for products and services including customer acceptance of new offerings and initiatives, macroeconomic conditions and consumer spending, trade policy changes and additional tariffs, share repurchases, and Lowe’s strategic initiatives, including those relating to acquisitions and dispositions and the impact of such transactions on our strategic and operational plans and financial results. Such statements involve risks and uncertainties, and we can give no assurance that they will prove to be correct. Actual results may differ materially from those expressed or implied in such statements.

A wide variety of potential risks, uncertainties, and other factors could materially affect our ability to achieve the results either expressed or implied by these forward-looking statements including, but not limited to, changes in general economic conditions, such as volatility and/or lack of liquidity from time to time in U.S. and world financial markets and the consequent reduced availability and/or higher cost of borrowing to Lowe’s and its customers, slower rates of growth in real disposable personal income that could affect the rate of growth in consumer spending, inflation and its impacts on discretionary spending and on our costs, shortages, and other disruptions in the labor supply, interest rate and currency fluctuations, home price appreciation or decreasing housing turnover, age of housing stock, the availability of consumer credit and of mortgage financing, trade policy changes or additional tariffs, outbreaks of pandemics, fluctuations in fuel and energy costs, inflation or deflation of commodity prices, natural disasters, geopolitical or armed conflicts, acts of both domestic and international terrorism, and other factors that can negatively affect our customers.

Investors and others should carefully consider the foregoing factors and other uncertainties, risks and potential events including, but not limited to, those described in “Item 1A - Risk Factors” in our most recent Annual Report on Form 10-K and as may be updated from time to time in Item 1A in our quarterly reports on Form 10-Q or other subsequent filings with the SEC. All such forward-looking statements speak only as of the date they are made, and we do not undertake any obligation to update these statements other than as required by law.

LOW-IR

###

Contacts: Shareholder/Analyst Inquiries: Media Inquiries:

Shelly Hubbard Steve Salazar

704-775-3856 steve.j.salazar@lowes.com

shelly.hubbard@lowes.com

Lowe’s Companies, Inc.

Consolidated Statements of Current Earnings and Accumulated Deficit (Unaudited)

In Millions, Except Per Share and Percentage Data

Three Months Ended

May 1, 2026 May 2, 2025

Current Earnings Amount % Sales Amount % Sales

Net sales $ 23,078  100.00  $ 20,930  100.00

Cost of sales 15,535  67.32 13,944  66.62

Gross margin 7,543  32.68 6,986  33.38

Expenses:

Selling, general and administrative 4,423  19.16 4,046  19.33

Depreciation and amortization 566  2.45 446  2.13

Operating income 2,554  11.07 2,494  11.92

Interest – net 399  1.73 337  1.61

Pre-tax earnings 2,155  9.34 2,157  10.31

Income tax provision 527  2.29 516  2.47

Net earnings $ 1,628  7.05 $ 1,641  7.84

Weighted average common shares outstanding – basic

559  559

Basic earnings per common share (1)

$ 2.90  $ 2.93

Weighted average common shares outstanding – diluted

560  560

Diluted earnings per common share (1)

$ 2.90  $ 2.92

Cash dividends per share

$ 1.20  $ 1.15

Accumulated Deficit

Balance at beginning of period $ (10,839) $ (14,799)

Net earnings 1,628  1,641

Cash dividends declared (673) (645)

Share repurchases —  (30)

Balance at end of period $ (9,884) $ (13,833)

(1)    Under the two-class method, earnings per share is calculated using net earnings allocable to common shares, which is derived by reducing net earnings by the earnings allocable to participating securities. Net earnings allocable to common shares used in the basic and diluted earnings per share calculation were $1,623 million for the three months ended May 1, 2026, and $1,636 million for the three months ended May 2, 2025.

Lowe’s Companies, Inc.

Consolidated Statements of Comprehensive Income (Unaudited)

In Millions, Except Percentage Data

Three Months Ended

May 1, 2026 May 2, 2025

Amount % Sales Amount % Sales

Net earnings $ 1,628  7.05  $ 1,641  7.84

Cash flow hedges – net of tax

(3) (0.01) (3) (0.01)

Other (2) (0.01) —  —

Other comprehensive loss (5) (0.02) (3) (0.01)

Comprehensive income $ 1,623  7.03  $ 1,638  7.83

Lowe’s Companies, Inc.

Consolidated Balance Sheets (Unaudited)

In Millions, Except Par Value Data

May 1, 2026 May 2, 2025

Assets

Current assets:

Cash and cash equivalents $ 786  $ 3,054

Short-term investments 458  368

Receivables - net 1,151  96

Merchandise inventory - net 18,447  18,335

Other current assets 1,320  822

Total current assets 22,162  22,675

Property, less accumulated depreciation 18,254  17,636

Operating lease right-of-use assets 4,182  3,799

Long-term investments 247  300

Deferred income taxes - net —  118

Goodwill 3,945  311

Intangible assets - net 5,807  274

Other assets 344  259

Total assets $ 54,941  $ 45,372

Liabilities and shareholders' deficit

Current liabilities:

Short-term borrowings $ 380  $ —

Current maturities of long-term debt 810  4,183

Current operating lease liabilities 662  562

Accounts payable 11,975  11,235

Accrued compensation and employee benefits 972  853

Deferred revenue 1,629  1,500

Other current liabilities 3,846  4,055

Total current liabilities 20,274  22,388

Long-term debt, excluding current maturities 36,751  30,541

Noncurrent operating lease liabilities 3,937  3,669

Deferred income taxes - net 1,239  —

Deferred revenue - Lowe's protection plans 1,248  1,266

Other liabilities 762  762

Total liabilities 64,211  58,626

Shareholders' deficit:

Preferred stock, $5 par value: Authorized - 5.0 million shares; Issued and outstanding - none —  —

Common stock, $0.50 par value: Authorized - 5.6 billion shares; Issued and outstanding - 561 million and 560 million, respectively 280  280

Capital in excess of par value 68  13

Accumulated deficit (9,884) (13,833)

Accumulated other comprehensive income 266  286

Total shareholders' deficit (9,270) (13,254)

Total liabilities and shareholders' deficit $ 54,941  $ 45,372

Lowe’s Companies, Inc.

Consolidated Statements of Cash Flows (Unaudited)

In Millions

Three Months Ended

May 1, 2026 May 2, 2025

Cash flows from operating activities:

Net earnings $ 1,628  $ 1,641

Adjustments to reconcile net earnings to net cash provided by operating activities:

Depreciation and amortization 644  507

Noncash lease expense 169  131

Deferred income taxes 203  126

Loss on property and other assets - net 4  20

Share-based payment expense 65  58

Changes in operating assets and liabilities:

Accounts receivable (63) (3)

Merchandise inventory – net (1,145) (926)

Other operating assets (125) (103)

Accounts payable 2,212  1,945

Other operating liabilities (242) (17)

Net cash provided by operating activities 3,350  3,379

Cash flows from investing activities:

Purchases of investments (337) (391)

Proceeds from sale/maturity of investments 319  375

Capital expenditures (521) (518)

Proceeds from sale of property and other long-term assets 6  2

Other – net 32  (1)

Net cash used in investing activities (501) (533)

Cash flows from financing activities:

Net change in commercial paper 378  —

Repayment of debt (2,376) (778)

Proceeds from issuance of common stock under share-based payment plans 2  2

Cash dividend payments (674) (645)

Repurchases of common stock (363) (112)

Other – net (12) (20)

Net cash used in financing activities (3,045) (1,553)

Net (decrease)/increase in cash and cash equivalents (196) 1,293

Cash and cash equivalents, beginning of period 982  1,761

Cash and cash equivalents, end of period $ 786  $ 3,054

Lowe’s Companies, Inc.

Non-GAAP Financial Measure Reconciliation (Unaudited)

To provide additional transparency, the Company has presented the non-GAAP financial measure of adjusted diluted earnings per share for the three months ended May 1, 2026. This measure excludes the impact of a certain item, further described below, to assist analysts and investors in understanding operational performance for the first quarter of fiscal 2026.

Fiscal 2026 Impacts

During fiscal 2026, the Company recognized financial impacts from the following:

•In the first quarter of fiscal 2026, the Company recognized pre-tax expenses of $96 million consisting of intangible asset amortization related to the acquisitions of Artisan Design Group and Foundation Building Materials (Acquisition of businesses).

In addition, the Company has presented full year fiscal 2026 guidance of the non-GAAP financial measures adjusted operating

margin and adjusted diluted earnings per share, which exclude the impact of intangible asset amortization, and related tax

effects if applicable, related to the acquisitions of Artisan Design Group and Foundation Building Materials. When evaluated

with our GAAP results, we believe these non-GAAP measures provide investors with meaningful measures of comparable

performance.

Adjusted operating margin and adjusted diluted earnings per share should not be considered an alternative to, or more

meaningful indicator of, the Company’s operating margin or diluted earnings per share as prepared in accordance with GAAP.

The Company’s methods of determining non-GAAP financial measures may differ from the method used by other companies

and may not be comparable.

A reconciliation between the Company’s GAAP and non-GAAP financial results is shown below and available on the Company’s website at ir.lowes.com.

Three Months Ended

May 1, 2026

Adjusted Diluted Earnings Per Share Pre-Tax Earnings

Tax 1

Net Earnings

Diluted Earnings Per Share, As Reported $ 2.90

Acquisition of businesses 0.17  (0.04) 0.13

Adjusted Diluted Earnings Per Share $ 3.03

1 Represents the corresponding tax benefit or expense specifically related to the item excluded from adjusted diluted earnings per share.

Our adjusted operating margin and adjusted diluted earnings per share guidance for fiscal 2026 excludes an expected 40 basis

point and $0.50 after tax impact, respectively, from intangible asset amortization.

EX-99.2 — INFOGRAPHIC

EX-99.2

Filename: exhibit992-05202026.htm · Sequence: 3

exhibit992-05202026

1. Adjusted Operating Margin, and Adjusted Diluted EPS are non-GAAP financial measures. Refer to ir.lowes.com for a reconciliation of non-GAAP measures. GROSS MARGIN -70 basis points vs. LY -1.4% +2.1% +0.5% -5.4% +1.7% -2.6% 2026 2025 Marvin R. Ellison, Chairman & CEO “Strong spring execution and continued momentum in Pro, Appliances, Online and Home Services supported a solid start to the year as we delivered our fourth consecutive quarter of positive comps. In spite of a challenging housing macro, we remain focused on advancing our Total Home Strategy.” Comparable Sales Summary COMP TRANSACTIONS COMP $107.59 AVERAGE TICKET ONLINE SALES GROWTH -0.9% +1.5% +15.5% -0.1% -0.1% +2.1%>$500 $100-$500 <$100 Monthly Comp Sales Performance Comp Sales by Ticket Size FEB We returned $674 MILLION to our shareholders through dividends Financial Highlights $2.90 DILUTED EPS -0.7% vs. LY 11.1% OPERATING MARGIN -85 basis points vs. LY $3.03 ADJ. DILUTED EPS1 +3.8% vs. LY DILUTED EPS 11.5% ADJ. OPERATING MARGIN1 -43 basis points vs. LY OPERATING MARGIN MARCH APR Total Home Strategy Updates Product Category Performance Positive Comp Sales in 9 of 13 product categories 11 of 15 Regions Delivered positive comp sales growth 32.7% +0.6% COMP SALES Q1 2026 RESULTS AI-powered in-store tool Mylow reached 5 million associate questions milestone Enhanced loyalty value offering with free same-day delivery on purchases over $25 Positive Pro comp sales supported by continued progress enhancing ease of shopping experience Announced $250M investment to train & develop 250,000 tradespeople Recognized as a 5-star Employer for the 3rd Consecutive Year LAWN & GARDEN TOOLS & HARDWARE MILLWORK APPLIANCES ELECTRICAL POWER EQUIPMENT PAINT ROUGH PLUMBING SEASONAL & CLEANING Exhibit 99.2

Drive Pro penetration Accelerate online sales Expand home services Create a loyalty ecosystem Increase space productivity Total Home Strategy Solving problems and fulfilling dreams for the home

Q1 2026 Reconciliation of Non-GAAP Measures Management of Lowe's Companies, Inc. (the Company) uses certain non-GAAP financial measures to provide additional insight for analysts and investors in evaluating the Company's financial and operating performance. These non-GAAP financial measures should not be considered alternatives to, or more meaningful indicators of, the Company's financial measures as prepared in accordance with GAAP. The Company's methods of determining these non-GAAP financial measures may differ from the methods used by other companies and may not be comparable. The Company has provided the following non-GAAP financial measures to assist the user in comparing its operating performance for the three months ended May 1, 2026: adjusted operating margin, and adjusted diluted earnings per share. These measures exclude the impact of a certain item, further described below. Fiscal 2026 Impacts During fiscal 2026, the Company recognized financial impacts from the following: • In the first quarter of fiscal 2026, the Company recognized pre-tax expenses of $96 million consisting of intangible asset amortization related to the acquisitions of Artisan Design Group and Foundation Building Materials (Acquisition of businesses). The following provides a reconciliation of the Company's non-GAAP financial measures to the most directly comparable GAAP financial measures: Three Months Ended Adjusted Operating Income (in millions, except percentage data) May 1, 2026 Operating Income, As Reported $ 2,554 Acquisition of businesses 96 Adjusted Operating Income $ 2,650 Operating Margin, % of Sales 11.07 % Adjusted Operating Margin, % of Sales 11.49 % Three Months Ended May 1, 2026 Adjusted Diluted Earnings Per Share Pre-Tax Earnings Tax 1 Net Earnings Diluted Earnings Per Share, As Reported $ 2.90 Acquisition of businesses 0.17 (0.04) 0.13 Adjusted Diluted Earnings Per Share $ 3.03 1 Represents the corresponding tax benefit or expense specifically related to the item excluded from adjusted diluted earnings per share.

Forward-Looking Statements This presentation includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Statements including words such as “believe”, “expect”, “anticipate”, “plan”, “desire”, “project”, “estimate”, “intend”, “will”, “should”, “could”, “would”, “may”, “strategy”, “potential”, “opportunity”, “outlook”, “scenario”, “guidance”, and similar expressions are forward-looking statements. Forward-looking statements involve, among other things, expectations, projections, and assumptions about future financial and operating results, objectives (including objectives related to environmental and social matters), business outlook, priorities, sales growth, shareholder value, capital expenditures, cash flows, the housing market, the home improvement industry, demand for products and services including customer acceptance of new offerings and initiatives, macroeconomic conditions and consumer spending, trade policy changes and additional tariffs, share repurchases, and Lowe’s strategic initiatives, including those relating to acquisitions and dispositions and the impact of such transactions on our strategic and operational plans and financial results. Such statements involve risks and uncertainties and we can give no assurance that they will prove to be correct. Actual results may differ materially from those expressed or implied in such statements. A wide variety of potential risks, uncertainties, and other factors could materially affect our ability to achieve the results either expressed or implied by these forward-looking statements including, but not limited to, changes in general economic conditions, such as volatility and/or lack of liquidity from time to time in U.S. and world financial markets and the consequent reduced availability and/or higher cost of borrowing to Lowe’s and its customers, slower rates of growth in real disposable personal income that could affect the rate of growth in consumer spending, inflation and its impacts on discretionary spending and on our costs, shortages, and other disruptions in the labor supply, interest rate and currency fluctuations, home price appreciation or decreasing housing turnover, age of housing stock, the availability of consumer credit and of mortgage financing, trade policy changes or additional tariffs, outbreaks of pandemics, fluctuations in fuel and energy costs, inflation or deflation of commodity prices, natural disasters, geopolitical or armed conflicts, acts of both domestic and international terrorism, and other factors that can negatively affect our customers. Investors and others should carefully consider the foregoing factors and other uncertainties, risks and potential events including, but not limited to, those described in “Item 1A - Risk Factors” and “Item 7 - Management’s Discussion and Analysis of Financial Condition and Results of Operations - Critical Accounting Policies and Estimates” in our most recent Annual Report on Form 10-K and as may be updated from time to time in our quarterly reports on Form 10-Q or other subsequent filings with the SEC. All such forward-looking statements speak only as of the date they are made, and we do not undertake any obligation to update these statements other than as required by law.

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May 20, 2026

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Document Type

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Entity Registrant Name

LOWES COMPANIES INC

Entity Incorporation, State or Country Code

NC

Entity File Number

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Entity Tax Identification Number

56-0578072

Entity Address, Address Line One

1000 Lowes Blvd.

Entity Address, City or Town

Mooresville

Entity Address, State or Province

NC

Entity Address, Postal Zip Code

28117

City Area Code

704

Local Phone Number

758-1000

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The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.

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Address Line 1 such as Attn, Building Name, Street Name

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Name of the City or Town

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Code for the postal or zip code

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Name of the state or province.

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- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

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Indicate if registrant meets the emerging growth company criteria.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef

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-Name Exchange Act

-Number 240

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Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.

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Two-character EDGAR code representing the state or country of incorporation.

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The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

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The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

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Local phone number for entity.

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Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef

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-Name Exchange Act

-Number 240

-Section 13e

-Subsection 4c

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Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

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Title of a 12(b) registered security.

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-Name Exchange Act

-Number 240

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-Subsection b

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Name of the Exchange on which a security is registered.

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-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection d1-1

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Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

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Trading symbol of an instrument as listed on an exchange.

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- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

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-Section 425

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