Lowe's reported net earnings of $1.6 billion and diluted earnings per share of $2.92 for the quarter ended May 2, 2025, compared to diluted EPS of $3.06 in the first quarter of Q1. Total sales for the quarter were $20.9 billion, compared to $21.4 billion in the prior-year quarter.

1. 01

   Lowe's reported net earnings of $1.6 billion and diluted earnings per share of $2.92 for the quarter ended May 2, 2025, compared to diluted EPS of $3.06 in the first quarter of Q1. Total sales for the quarter were $20.9 billion, compared to $21.4 billion in the prior-year quarter.

2. 02

   The company said comparable sales for Q1 decreased 1.7%. It explained that unfavorable weather earlier in the quarter was partially offset by mid-single-digit Pro and online comparable sales growth.

3. 03

   Lowe's disclosed that operating income for the 3 months ended May 2, 2025 was $2,494 million (11.92% of sales). For the 3 months ended May 3, 2024, operating income was $2,653 million (12.42% of sales), and gross margin was 33.38%, compared to 33.19% in the prior year.

4. 04

   The company said it is affirming its full-year 2025 outlook. It provided total sales of $83.5 to $84.5 billion, operating margin of 12.3% to 12.4%, and diluted earnings per share of approximately $12.15 to $12.40.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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