Lowe's Companies Reportable Segment — Selling, General and Administrative Expense increased by 3.6% to $4.19B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 3.6%, from $4.05B to $4.19B. This increase may warrant attention — for this metric, lower values are generally preferred.
A rising trend relative to revenue suggests declining operational leverage and potential margin compression.
The aggregate of all operating expenses required to run the segment, excluding the direct cost of goods sold. It provide...
Standard SG&A metric used across all industries to measure operational overhead.
low_segment_reportable_segment_selling_general_and_administrative_expense| Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $3.89B | $3.89B | $3.89B | $3.89B | $3.92B | $3.92B | $3.92B | $3.92B | $4.05B | $4.19B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +0.7% | +0.0% | +0.0% | +0.0% | +3.2% | +3.6% |
| YoY Change | — | — | — | — | +0.7% | +0.7% | +0.7% | +0.7% | +3.2% | +3.6% |