Lowe’s Companies, Inc. has released its Q2 2025 results, demonstrating significant growth that exceeded market expectations.
Financial Results for Q2
Lowe’s achieved net earnings of $2.4 billion, equating to diluted earnings per share (EPS) of $4.27. Adjusted for acquisition-related expenses, the EPS was $4.33, reflecting a 5.6% increase from last year and surpassing market expectations. The company's total sales reached $24.0 billion, again exceeding the anticipated $23.96 billion, with comparable sales up by 1.1%.
2025 Outlook
Looking ahead, Lowe’s has revised its full-year 2025 outlook, anticipating total sales between $84.5 billion and $85.5 billion, an increase from the previous estimate of $83.5 billion to $84.5 billion. Comparable sales are projected to remain flat or increase by up to 1% compared to the prior year.
Company's Strategic Initiatives
CEO Marvin R. Ellison highlighted the contributions of frontline associates in achieving high customer satisfaction scores. The acquisition of Artisan Design Group is expected to enhance Lowe’s presence in the new home construction market.
Lowe’s remains committed to executing its strategic initiatives aimed at expanding its market share in the home improvement sector while maintaining a strong financial position.