Filing Flows › Lowe's Companies (LOW) › Guidance history
Lowe's Companies (LOW) guidance history: what it guided and what it reported
Lowe's Companies gave guidance in 12 earnings releases on file since Feb 27, 2024. Of 4 guided periods since reported, it met or beat its own guidance 3 times (75%). Revenue: 1 of 2, on average +0.9% against the guided midpoint.
Revenue
Met or beat 1 of 2 periods (1 above, 0 within, 1 below).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY27 | $92.0B–$94.0B (Feb 25, 2026) → reaffirmed $92.0B–$94.0B (May 20, 2026) | — | to be reported | — |
| FY26 | $83.5B–$84.5B (Feb 26, 2025) → reaffirmed $83.5B–$84.5B (May 21, 2025) | $86.3B | above the range | +2.7% |
| FY25 | $84.0B–$85.0B (Feb 27, 2024) → reaffirmed $84.0B–$85.0B (May 21, 2024) | $83.7B | below the range | -1.0% |
Operating margin
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY26 | 12.3%–12.4% (Feb 26, 2025) → reaffirmed 12.3%–12.4% (May 21, 2025) | — | — | — |
| FY25 | 12.6%–12.7% (Feb 27, 2024) → reaffirmed 12.6%–12.7% (May 21, 2024) | — | — | — |
Adjusted operating margin
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY27 | 11.6%–11.8% (Feb 25, 2026) → reaffirmed 11.6%–11.8% (May 20, 2026) → lowered 11.6% (Aug 19, 2026) | — | to be reported | — |
| FY26 | 12.2%–12.3% (Aug 20, 2025) → lowered 12.1% (Nov 19, 2025) | — | — | — |
Tax rate
Met or beat 2 of 2 periods (0 above, 0 within, 2 below).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY27 | 24.5% (Feb 25, 2026) → reaffirmed 24.5% (May 20, 2026) → reaffirmed 24.5% (Aug 19, 2026) | — | to be reported | — |
| FY26 | 24.5% (Feb 26, 2025) → reaffirmed 24.5% (May 21, 2025) → reaffirmed 24.5% (Aug 20, 2025) | 23.9% | below the range | -0.6 pts |
| FY25 | 25.0% (Feb 27, 2024) → reaffirmed 25.0% (May 21, 2024) | 24.0% | below the range | -1.0 pts |
Adjusted tax rate
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY25 | 24.5% (Nov 19, 2024) | — | — | — |
Interest expense
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY27 | $1.6B (Feb 25, 2026) → reaffirmed $1.6B (May 20, 2026) → reaffirmed $1.6B (Aug 19, 2026) | — | to be reported | — |
| FY26 | $1.3B (Feb 26, 2025) → reaffirmed $1.3B (May 21, 2025) → reaffirmed $1.3B (Aug 20, 2025) | — | — | — |
| FY25 | $1.4B (Feb 27, 2024) → reaffirmed $1.4B (May 21, 2024) → reaffirmed $1.4B (Aug 20, 2024) | — | — | — |
The latest quarter
Lowe's Companies, Q2 FY27: revenue $26.0B (+8% year over year), operating margin 13.7%, net earnings $2.4B, operating cash flow $3.7B. The chart follows the revenue to costs, profit and cash.
Questions
Does Lowe's Companies beat its guidance?
Lowe's Companies gave guidance in 12 earnings releases on file since Feb 27, 2024. Of 4 guided periods since reported, it met or beat its own guidance 3 times (75%). Revenue: 1 of 2, on average +0.9% against the guided midpoint.
Each guided period is held to the last guidance given before its figures were reported; a single figure counts as in line within 1% (0.25 pts for a rate). Reported figures are GAAP, from the company's filings; adjusted guidance shows its moves only.