Lowe’s Companies, Inc. (NYSE: LOW) surged 5.2% in premarket trading after the home improvement chain delivered third-quarter adjusted earnings that outpaced Wall Street expectations, a sign of resilience despite a volatile macro backdrop.
For the quarter ending October 31, 2025, Lowe’s reported adjusted earnings of $3.06 per share, beating analyst forecasts of $2.97 and marking a 5.9% increase from a year earlier. Revenue reached $20.81 billion—just shy of the $20.85 billion consensus but up from $20.2 billion in the same quarter last year.
Comparable sales edged up 0.4%, supported by an 11.4% jump in e-commerce activity, strong double-digit growth in home services, and continued momentum among professional (Pro) customers.
“The company delivered another quarter of positive comp sales, and we’re pleased to start November with positive comps as well, despite headwinds related to hurricane activity in the prior year,” said Marvin R. Ellison, Lowe’s chairman, president and CEO.
The retailer raised its full-year 2025 revenue forecast to $86 billion, up from prior guidance of $84.5 billion to $85.5 billion and above analyst expectations of around $85.6 billion. However, Lowe’s now anticipates flat comparable sales year over year, tightening its prior view of flat to up 1%.
Lowe’s updated its full-year earnings guidance to approximately $12.25 per share—slightly below the Street’s $12.27 consensus—and trimmed its adjusted operating margin projection to 12.1%, down from the earlier 12.2% to 12.3% range.
The company also completed its $8.8 billion acquisition of Foundation Building Materials (FBM) during the quarter, a move aimed at expanding offerings for its growing Pro customer base. Lowe’s returned further capital to shareholders, distributing $673 million in dividends.
As of October 31, 2025, the company operated 1,756 locations, covering nearly 196 million square feet of retail selling space.