Free · no account · quoted from the filing

What changed in LOW's 10-Q

Source: 10-Q filed 2026-05-28 · compared against 10-Q 2025-11-26. Every passage below is quoted verbatim from the filing itself.

Acquisition Integration

This filing

Included in the first quarter of 2026 results are pre-tax expenses of $96 million consisting of intangible asset amortization related to the acquisitions of ADG and FBM.

Tariffs

This filing

The Supreme Court declared on February 20, 2026 that tariffs imposed under the International Emergency Economic Powers Act (IEEPA) were invalid.

Margins

This filing

Gross margin 32.68 33.38 (70) basis points

Share Repurchases

This filing

Repurchases of common stock 1 365 72

Debt and Liquidity

This filing

we paid $674 million in dividends and repaid $2.4 billion of bond maturities

Geographic Expansion

This filing

United States $23,010 Canada 68 Net Sales $23,078

Adjusted EPS

This filing

adjusted diluted earnings per common share were $3.03 in the first quarter of 2026

What it means — the analyst reading

The passages above are the company's own words. The plain-English reading of them — what changed, why it matters, and the direction of travel — is part of the Filing Change Monitor.

See the Filing Change Monitor →

Compared from narrative excerpts (outlook, risks, MD&A) of both filings — quotes are verbatim from the new filing. Not advice. Source: company SEC filings via stockportfolio.pro. Educational, not investment advice.