LOW · News · 20261102N
Pro Customer Demand
LOWES COMPANIES INC · 2026-11-02 · Importance 20 · Surprise 24
Small and medium-sized professional customers drove another quarter of growth while discretionary DIY spending remained pressured. Pro investments and repair-and-maintenance demand supported second-quarter fiscal 2026 merchandise performance, with rough plumbing, millwork, electrical and lumber posting positive comparable sales; rough plumbing recorded six consecutive quarters of growth. Nine of Lowe’s 13 merchandise divisions delivered positive comps. Strength across Pro, online and Home Services helped companywide comparables rise 0.2%, marking a fifth consecutive positive quarter.
Key facts
- Small and medium-sized professionals drove another quarter of growth while discretionary Do-It-Yourself spending remained pressured. source
- Management said small and medium-sized professional customers continued responding to investments focused on saving time, ensuring product availability and delivering value. source
- Pro investments and repair and maintenance demand supported second-quarter fiscal 2026 merchandise performance. source