Lowe's Companies Reportable Segment — Employee compensation and benefits increased by 3237.5% to 13.4% in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 0.7%, from 13.4% to 13.4%. Over 2 years (FY 2023 to FY 2025), Reportable Segment — Employee compensation and benefits shows an upward trend with a 76.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase relative to sales may indicate rising labor costs or investments in service quality, while a decrease may suggest improved labor productivity.
Includes all wages, salaries, bonuses, and benefit-related expenses for personnel directly supporting the segment's oper...
Standard operating expense category for retail peers, reflecting labor market conditions and operational staffing levels.
low_segment_reportable_segment_employee_compensation_and_benefits| Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | 3.1% | 3.1% | 3.1% | 3.1% | 13.1% | 11.7% | 13.1% | 0.3% | 13.4% | 11.8% | 13.5% | 0.4% | 13.4% |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +319.2% | -10.5% | +11.3% | -97.3% | >999% | -12.0% | +13.8% | -97.0% | >999% |
| YoY Change | — | — | — | — | +319.2% | +275.4% | +317.9% | -88.8% | +2.6% | +0.9% | +3.1% | +14.3% | -0.7% |