Lowe's plans to open a new store in Kaufman, Texas, in early August at 600 Kings Fort Parkway. The 95,000-square-foot location includes a 30,000-square-foot outdoor garden area. The store will feature a redesigned kitchen showroom with larger product displays and interactive elements including QR codes linking to style quizzes and 3D visualizers. Digital paint kiosks will allow customers to order paint without queuing. This marks the eighth Lowe's store to open in Texas over the past year and the fifth in the Dallas-Fort Worth metro area since early 2025. The company hopes to hire more than 100 people for full and part-time positions. The North Carolina-based retailer operates over 1,750 home improvement stores and 120 distribution centres.

Home Depot and Lowe's, the two major US home improvement retailers, continue to show divergent revenue scales. Home Depot reported $41.8 billion in revenue for the quarter ended May 2026, whilst Lowe's recorded $23.1 billion for the same period. Home Depot maintains its dominant position, benefiting from its professional contractor customer base, which contributes approximately half its sales. The company reported a 12% EBIT margin for its latest quarter and announced a strategic partnership with Hertz to benefit military personnel. Lowe's recorded a 33% gross margin for its quarter ended May 2026, though the company completed a permanent workforce reduction at its North Carolina facilities in early 2026. Both retailers faced share price pressure from interest rate headwinds and a soft housing market, with Home Depot shares dropping to $289.10 and Lowe's to $203.40 during the period.

Lowe's is positioned as the better buy for 2026 compared to Floor & Decor, according to a stock comparison analysis. Lowe's expects sales to grow 8% and net income by 2.5% this year, whilst Floor & Decor anticipates a 3% sales increase with slightly declining net income. Lowe's generated approximately $86.3 billion in revenue for FY 2025, up 3.1% year over year, with net income of nearly $6.7 billion. Floor & Decor posted revenue of nearly $4.7 billion, reflecting 4% growth, with net income close to $209 million. Both retailers face headwinds from interest rate volatility and soft home sales. However, Lowe's appears more attractively priced based on future earnings estimates, whilst Floor & Decor trades at a premium reflecting its specialised niche. Lowe's is rolling out AI-assisted tools for contractors and focusing on improving customer experience, which drove first-quarter 2026 sales up 10%.