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Jan 31, 2025
Lowe's Q4 2024 Earnings Report
Lowe's reported strong financial performance for Q4 2024.
Key Takeaways
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.
Reported revenue of $18.55 billion for Q4 2024.
Net income for the quarter was $1.13 billion.
Diluted EPS was $1.99; adjusted EPS was $1.93.
Comparable sales increased 0.2%.
Forward Guidance
Lowe's expects continued near-term uncertainty in the home improvement market for FY 2025.
Positive Outlook
- Total sales expected to be between $83.5 billion to $84.5 billion.
- Operating margin projected to be 12.3% to 12.4%.
- Comparable sales expected to be flat to up 1%.
- Net interest expense expected to be approximately $1.3 billion.
- Capital expenditures projected to be around $2.5 billion.
Challenges Ahead
- Continued near-term uncertainty in the home improvement market.
- Impact of inflation on consumer discretionary spending.
- Potential supply chain disruptions.
- Ongoing pressure on labor costs.
- Macroeconomic volatility affecting demand.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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