Loading...
Lowe's faced a slight downturn in comparable sales due to early quarter weather challenges, but maintained profitability and confirmed its full-year guidance.
Revenue for the quarter was $20.9 billion, down from $21.4 billion last year.
EPS came in at $2.92, slightly lower than the $3.06 from Q1 2024.
Net income for the quarter was $1.6 billion.
Comparable sales decreased by 1.7% due to weather impacts early in the quarter.
Lowe's reaffirmed its full-year 2025 outlook, expecting stable to slightly positive sales growth.
Analyze how earnings announcements historically affect stock price performance