Lowe's Companies Inc. reported its first-quarter earnings for 2025 with revenue of $20.93 billion, slightly below the estimated $20.94 billion and down 2% year-over-year. Operating income came in at $2.49 billion, beating estimates of $2.47 billion, while net income was $1.64 billion, surpassing the $1.62 billion forecast. Diluted earnings per share (EPS) stood at $2.92, a 5% decline from the previous year but above the $2.90 estimate. Comparable sales decreased by 1.7%, reflecting a 3.3% drop in net sales. The company cited macroeconomic pressures and a slowdown in large discretionary projects as challenges but noted positive contributions from seasonal demand and investments in the professional segment. Despite the slight revenue miss, Lowe's affirmed its full-year 2025 outlook, supported by sales growth from home professionals and its Total Home Strategy. Following the earnings release, Lowe's shares rose by approximately 2.5% to 2.7%.
Lowe’s misses on revenues + reaffirms FY 25 outlook Key variables: —Net sales: -3.3% to $20.9B —Comparable sales: -1.7% —Diluted EPS: -4.2% to $2.92 —Net earnings: $1.6B $LOW: +2.7% PM https://t.co/j9szmcMafp
Lowe's sticks by full-year forecast as sales from home professionals boost business https://t.co/zWwzvNPI5D
Lowe's Companies $LOW Q1 2025 Earnings – Revenue: $21B (-1% YoY) – EPS: $2.92 (vs $2.90 est, $3.06 in Q1 2024) – Macroeconomic pressures cited – Slowdown in large discretionary projects – Seasonal demand and Pro segment investments noted as positives – Total Home Strategy https://t.co/svclmRbHa8