Lowe’s Companies, Inc. (NYSE:LOW) reported stronger-than-expected results for the second quarter on Tuesday, with adjusted earnings per share topping analyst projections and the company boosting its revenue forecast for the full year.
Following the announcement, shares of the home improvement retailer rose 1%.
For the quarter ending August 1, 2025, Lowe’s posted adjusted diluted EPS of $4.33, beating the analyst estimate of $4.24 by nine cents. The EPS figure excludes $43 million in pre-tax expenses related to the Artisan Design Group acquisition and reflects a 5.6% increase compared with the same period last year.
Revenue totaled $24.0 billion, in line with the consensus estimate of $23.96 billion and up from $23.6 billion in the year-ago quarter. Comparable sales rose 1.1% year-over-year despite difficult weather conditions at the start of the quarter.
“This quarter, the company delivered positive comp sales driven by solid performance in both Pro and DIY,” said Marvin Ellison, Lowe’s chairman, president and CEO. “Despite challenging weather early in the quarter, our teams drove both sales growth and improved profitability.”
Lowe’s raised its full-year 2025 revenue guidance to $84.5-$85.5 billion, up from the previous range of $83.5-$84.5 billion and above the consensus estimate of $84.4 billion. The company also expects adjusted diluted EPS of $12.20-$12.45, compared with analysts’ forecast of $12.22.
The revised guidance incorporates the Artisan Design Group acquisition, completed in June for $1.3 billion. The deal is expected to enhance Lowe’s ability to capture additional Pro planned spending and expand its presence in the new home construction market.
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