Steve Forbes

what was the difference between the first eight weeks from a DIFM comp transaction base versus those latter, those last four weeks

What explains the difference in the quarter with DIY being six and DIFM being sub five

as we think about the 200 international stores, can you break that down by country?

what is the range, right, of -- between the lowest productive program versus the highest productive program?

Any way to help frame sort of some learnings or success stories that you guys have seen?

I believe you raised the target for the end state to 300 from maybe 200 plus. So curious what drove that

Any updates on how we should be reframing, or rethinking the curve, or the slope of new store openings?

you mentioned 21% business-to-business segment growth in the quarter.

if there are any factors where you anticipate change, promotional support maybe being one

could you just baseline the outlook for average sales price for the company as a whole in 2026?

I wanted to focus on the post Labor Day promotional calendar

an increased percentage of share being pushed down to the retail community

any way to help sort of frame up what you see today

are there any aspects of the recent improvement that you view as maybe at risk

what are some of the bigger initiatives that you guys are leaning into in 2026 to improve the overall value proposition for your Pro

If you could maybe set the base for SRS sales in 2025 and then comment on how GMS performed in the fourth quarter relative to that $1.1 billion framework or guidance framework that you had

how you guys see the cross-selling opportunities to get today now that GMS is integrated

what's the right way to think about or think through the out-year branch growth opportunity?

Can you maybe just update us on the current timeline or thinking behind the full rollout of bill upon delivery capabilities within the order management system?

can you remind us on how large the sales force is today at SRS and what you're tracking to maybe inform your decision on how you're thinking about scaling the sales force at HD?

if you could just expand on that comment, given the July monthly comp

Curious how FBM and ADG performed during the quarter

how fast that segment is growing versus the total Pro segment and whether you're already capturing revenue synergies

what the hypothesis is as it pertains to member spend trends over time

curious if you could expand on Foundation's year-to-date performance in 2025, given its pretty impressive growth track record

get your initial thoughts on what those sort of solutions or offerings can mean for the broader Lowe's experience among the current pro customer base?

how reliant right or how relevant spring is in terms of percentage of transactions first quarter versus second quarter?

Any updates on sort of the localization strategy. How that's progressing? How many stores you're touching?

can you quantify the comp contribution in the latter two months of the period? And then as it specifically pertains to gross margin, what were the storm-related pressures on gross margin during the...

really just wanted to get your higher-level thoughts on how you guys are thinking about planning the business for next year as we look at DIY trends

I'm trying to think through the Virginia DC opportunity a little bit more. So I was hoping if you could maybe help frame up how you guys are planning to sort of build out the hub network

Is that a pressure in 2026? Like is there some deleverage coming from field build-out?

Is there a rule of thumb for us on sort of the number of stores that the fulfillment center starts with

Can you just help frame us -- frame that for us? Like what is the pressure in terms of rate of growth and is there sort of end of sight to it?

can you remind us of the capital cost difference between the two build types and and then comment on with the four wall EBITDA margin benefit

rising insurance cost in a broader sense you know, could could drive more more accelerated consolidation efforts, right, or maybe a rise in attrition rates

curious if you can just remind us what Pool's commercial pricing strategy was from a you know, regional perspective.

Is there a way to help frame to us sort of how a customer spend or wallet share evolves sort of 6 months, 12 months after initial adoption

are there certain specific things that the builder community is asking you to innovate beyond or behind?

Companion animal trends, specifically hoping if you can provide some deeper insight into what you're seeing

I'd be curious just to hear you speak to how you think rural migration household formation, existing housing turnover trends have impacted the outlook for pet

curious if you can give us an update specifically around the direct sales rep build-out and maybe how many you plan to have in place by year-end

curious if you can comment on who the early adopters are, right, as we think back to sort of your customer segmentation work

Curious if we can maybe talk about the intent willingness of your member base given all sort of the segmentation and survey work you guys do

Any way to sort of reframe up the opportunity as you think about localization and sort of what drove the strategic partnership with Field & Stream

I was curious if you can maybe just give us more color around what you're seeing from a consumer standpoint and whether consumers are actually migrating to purchasing across channels

how those stores are recovering. And in essence, how much of that is sort of just natural?

Curious if you can maybe frame or reframe how you guys are thinking about planning for some of the factors that may be out of your control.