Lowe's (LOW): FY26 Q4 earnings call, Feb 25, 2026

…multiyear SKU rationalization initiative, while also effectively navigating an unprecedented volume of tariffs and ensuring strong in-stocks to drive sales. We are growing our Lowe's…

…of approximately $500 million in inventory from acquisitions as well as higher tariffs. We continue to execute on multiple inventory productivity initiatives through AI-enabled solutions…

…state the obvious, that this is a pretty unique environment with unpredictable tariffs, high interest rates, and a consumer demand that is not as sustained…

…promotion. We manage price on a portfolio basis in this really volatile tariff environment. We'll continue to do that. We will be very specific on…

…half of 26, and that's primarily as we, as we wrap the tariff price increases that we've been implementing. As we move into the second…