Lowe's Earnings Reports

Lowe’s delivered positive comp sales and increased adjusted EPS in Q3 2025, supported by online and Pro customer growth, while absorbing acquisition costs.

Lowe's posted $24.0B in revenue and $2.4B in net income. Adjusted EPS rose to $4.33 and comparable sales increased 1.1%, reflecting resilience in both Pro and DIY customer segments.

Lowe's faced a slight downturn in comparable sales due to early quarter weather challenges, but maintained profitability and confirmed its full-year guidance.

Lowe's reported Q4 2024 revenue of $18.55 billion, net income of $1.13 billion, and diluted EPS of $1.99. Adjusted diluted EPS for the quarter was $1.93. The company saw a 0.2% increase in comparable sales driven by Pro and online sales.

Lowe's reported net earnings of $1.7 billion and diluted EPS of $2.99 for the quarter ended Nov. 1, 2024. Total sales for the quarter were $20.2 billion. Comparable sales decreased 1.1%.

Lowe's reported net earnings of $2.4 billion and diluted earnings per share (EPS) of $4.17 for the quarter ended Aug. 2, 2024. Total sales for the quarter were $23.6 billion, with comparable sales decreasing by 5.1%.

Lowe's reported net earnings of $1.8 billion and diluted earnings per share (EPS) of $3.06 for the quarter ended May 3, 2024. Total sales for the quarter were $21.4 billion. Comparable sales for the quarter decreased 4.1%.

Lowe's reported net earnings of $957 million and diluted EPS of $1.58 for the fourth quarter ended Feb. 3, 2023. Adjusted diluted EPS increased 28% to $2.28. Total sales for the fourth quarter were $22.4 billion, up from $21.3 billion in the prior year, despite a 1.5% decrease in comparable sales.

Lowe's reported net earnings of $2.7 billion and diluted earnings per share (EPS) of $4.56 for the quarter ended Aug. 4, 2023. Total sales for the quarter were $25.0 billion. The company is affirming its outlook for the operating results of full year 2023.

Lowe's reported Q3 2022 results with total sales of $23.5 billion and diluted EPS of $0.25, which included a pre-tax non-cash asset impairment charge of $2.1 billion related to its Canadian retail business. Excluding the impairment charge, adjusted diluted EPS increased to $3.27. U.S. comparable sales increased 3.0%.

Lowe's reported Q2 2022 results with net earnings of $3.0 billion and diluted EPS of $4.67. Total sales were $27.5 billion, and comparable sales decreased by 0.3%. The company is awarding an incremental bonus of $55 million to hourly front-line associates.

Lowe's reported net earnings of $2.3 billion, in line with prior-year results, and diluted earnings per share (EPS) of $3.51 for the quarter ended April 29, 2022. Total sales for the first quarter were $23.7 billion compared to $24.4 billion in the first quarter of 2021, and comparable sales decreased 4.0%.

Lowe's Companies, Inc. reported net earnings of $1.9 billion and diluted earnings per share (EPS) of $2.73 for the quarter ended October 29, 2021. Total sales for the third quarter were $22.9 billion compared to $22.3 billion in the third quarter of 2020, and comparable sales increased 2.2%.

Lowe's reported strong Q2 2021 results with a decrease in consolidated comparable sales by 1.6% and an increase in diluted EPS to $4.25. The company's Total Home strategy is driving growth, with notable increases in Pro and Installation Services. Lowe's is also raising its fiscal year 2021 financial outlook.

Lowe's reported strong first quarter 2021 results, with a consolidated comparable sales increase of 25.9% and U.S. comparable sales increase of 24.4%. Diluted EPS was $3.21, and net earnings reached $2.3 billion.

Lowe's reported strong Q3 2020 results with a significant increase in sales and earnings, driven by broad-based demand and investments in omni-channel capabilities. The company saw a 30.1% increase in comparable sales and an adjusted diluted EPS of $1.98. Lowe's also invested heavily in COVID-related support for associates and store safety.

Lowe's reported net earnings of $2.8 billion and diluted earnings per share (EPS) of $3.74 for the quarter ended July 31, 2020. Sales for the second quarter were $27.3 billion, and comparable sales increased 34.2 percent.

Lowe's Companies, Inc. reported net earnings of $1.3 billion and diluted earnings per share (EPS) of $1.76 for the quarter ended May 1, 2020. Sales for the first quarter were $19.7 billion, and comparable sales increased 11.2 percent. The U.S. comparable sales increased 12.3 percent.