Global Finance News
19 Nov 2025, 14:30
Lowe’s Companies, Inc. (LOW) Q3 2025: modest growth, higher adjusted EPS, outlook tweaked after FBM deal
Lowe’s Companies, Inc. reported third quarter 2025 net earnings of 1.6 billion dollars, with diluted EPS of 2.88 dollars, down from 2.99 dollars a year earlier due to 129 million dollars of pre-tax acquisition-related costs for Foundation Building Materials (FBM) and Artisan Design Group (ADG). Excluding these items, adjusted diluted EPS rose 5.9% to 3.06 dollars.
Total sales increased to 20.8 billion dollars from 20.2 billion dollars in the prior-year quarter, while comparable sales edged up 0.4%, supported by 11.4% online growth, double-digit gains in home services and continued growth in Pro customer sales. As of 31 October 2025, Lowe’s operated 1,756 stores, covering 195.8 million square feet of selling space.
The company deployed 8.8 billion dollars during the quarter to acquire FBM and paid 673 million dollars in dividends, reaffirming its focus on long-term shareholder returns.
For full-year 2025, Lowe’s now expects total sales of about 86.0 billion dollars and flat comparable sales versus 2024. The company guides to an adjusted operating margin of 12.1%, net interest expense of roughly 1.4 billion dollars, an effective tax rate of about 24.0%, and adjusted diluted EPS of approximately 12.25 dollars, with capital expenditures up to 2.5 billion dollars. The updated outlook incorporates FBM and reflects ongoing macroeconomic uncertainty.
Lowe’s Companies, Inc. reported third quarter 2025 net earnings of 1.6 billion dollars, with diluted EPS of 2.88 dollars, down from 2.99 dollars a year earlier due to 129 million dollars of pre-tax acquisition-related costs for Foundation Building Materials (FBM) and Artisan Design Group (ADG). Excluding these items, adjusted diluted EPS rose 5.9% to 3.06 dollars.
Total sales increased to 20.8 billion dollars from 20.2 billion dollars in the prior-year quarter, while comparable sales edged up 0.4%, supported by 11.4% online growth, double-digit gains in home services and continued growth in Pro customer sales. As of 31 October 2025, Lowe’s operated 1,756 stores, covering 195.8 million square feet of selling space.
The company deployed 8.8 billion dollars during the quarter to acquire FBM and paid 673 million dollars in dividends, reaffirming its focus on long-term shareholder returns.
For full-year 2025, Lowe’s now expects total sales of about 86.0 billion dollars and flat comparable sales versus 2024. The company guides to an adjusted operating margin of 12.1%, net interest expense of roughly 1.4 billion dollars, an effective tax rate of about 24.0%, and adjusted diluted EPS of approximately 12.25 dollars, with capital expenditures up to 2.5 billion dollars. The updated outlook incorporates FBM and reflects ongoing macroeconomic uncertainty.
