Lowe's Reports Strong Q3 2025 Earnings Amid Strategic Acquisitions
- brg_news_room
- 2 days ago
- 1 min read
U.S.: Lowe's Companies, Inc. reports net earnings of USD 1.6 billion and diluted EPS of USD 2.88 for the quarter ended Oct. 31, 2025, compared to USD 2.99 EPS in Q3 2024. Total sales reached USD 20.8 billion, up from USD 20.2 billion a year ago, with comparable sales increasing 0.4%, driven by 11.4% online sales growth, double-digit growth in home services, and continued growth in Pro sales. The company recorded USD 129 million in pre-tax expenses related to acquisitions of Foundation Building Materials (FBM) and Artisan Design Group (ADG), and excluding these, adjusted diluted EPS rose 5.9% to USD 3.06. As of Oct. 31, 2025, Lowe's operates 1,756 stores, totalling 195.8 million square feet of retail space.
For full-year 2025, Lowe’s expects total sales of USD 86.0 billion, flat comparable sales versus 2024, adjusted operating margin of 12.1%, net interest expense of USD 1.4 billion, and an effective income tax rate of 24%. Adjusted diluted EPS is projected at USD 12.25, with capital expenditures up to USD 2.5 billion. During Q3, Lowe's invested USD 8.8 billion in FBM acquisition and paid USD 673 million in dividends.
Source: Lowe’s
