While Lowe's Corporation NYSE: LOW and competitors like Home Depot NYSE: HD face headwinds and hurdles in 2026, the technical setup is shaping up for a rebound in the back half. While Q1 earnings results were good, the soft guidance led to post-release market weakness, which is the operative factor.

Lowe's Companies, Inc. (NYSE:LOW) on Wednesday posted upbeat first-quarter earnings and revenue.

Lowe's reported Q1 came in ahead of expectations, and the outlook for the year ahead was reaffirmed. Though reaffirmed, guidance was below consensus and soft on the bottom-line. Current results showed continuing strength in Lowe's pro business, offset by weakness in the DIY category.

New tech-enabled capability simplifies estimating, saves time and helps Pros respond faster MOORESVILLE, N.C., May 21, 2026 /PRNewswire/ -- Lowe's is helping Pro customers save time on estimating and quoting with the launch of Material Lists, an AI-powered solution that converts handwritten notes, photos, spreadsheets and other supported file types into quote-ready orders in minutes, with support for both English and Spanish language.

The retail landscape is showing signs of becoming a platform economy. After staring down the better part of a decade of operational uncertainty, companies are turning to scale as a strategy.

Reporting favorable Q1 results this week, Home Depot and Lowe's just gave investors the same broad message: The home improvement market is not falling apart, but it's not accelerating either.

Lowe's Companies, Inc. (LOW) Q1 2027 Earnings Call Transcript

Revenue: $23.1 billion for the first quarter.Comparable Sales: Increased by 0.6%.Adjusted Diluted Earnings Per Share: $3.03, up 3.8% from the prior year.Online

U.S. stocks traded higher midway through trading, with the Dow Jones index gaining around 1% on Wednesday.

Pre-market futures are up this morning, filling in some holes from Tuesday's session that closed in the red. Major indexes are fighting back to all-time-high levels (on the S&P 500 and Nasdaq) last week, but are still working off the slide ahead of Monday's open.