Lowe’s Corporations, Inc. (NYSE: LOW) reported its second quarter 2025 earnings outcomes at this time.
Complete gross sales rose to $24 billion from $23.6 billion within the prior-year quarter. Comparable gross sales elevated 1.1%.
Internet earnings have been $2.39 billion, or $4.27 per share, in comparison with $2.38 billion, or $4.17 per share, final 12 months. Adjusted EPS elevated 5.6% to $4.33.
For fiscal 12 months 2025, Lowe’s expects whole gross sales of $84.5-85.5 billion. Comparable gross sales are anticipated to be flat to up 1% in comparison with final 12 months. GAAP EPS is anticipated to be approx. $12.10-12.35 whereas adjusted EPS is anticipated to be approx. $12.20-12.45.
Lowe’s additionally introduced an settlement to amass Basis Constructing Supplies (FBM) for approx. $8.8 billion. FBM is a distributor of inside constructing merchandise, resembling drywall, metallic framing, and ceiling methods. The transaction is anticipated to shut within the fourth quarter of 2025, topic to customary closing circumstances.
Prior efficiency
