Lowe’s sales grow in the second quarter

The US home improvement retailer Lowe's increased its total sales in the second quarter (ending 31 Juli 2026) by 8.3 per cent to USD 26.0 bn (EUR 22,2 bn), compared to USD 24.0 bn (EUR 20,5 bn) in the prior-year quarter. Comparable sales increased 0.2 per cent, driven by strong performance in Pro and home services sales, as well as a 15.7 per cent increase in online sales, partially offset by persistent DIY macro pressures. These figures were announced by the company in a press release.

"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.