Lowe's reported net earnings of $1.6 billion and diluted earnings per share (EPS) of $2.88 for the quarter ended Oct. 31, 2025.
Total sales for the quarter were $20.8 billion, with a 0.4% increase in comparable sales driven by online sales and growth in various sectors.
The company acknowledged $129 million in pre-tax expenses related to acquisitions of Foundation Building Materials (FBM) and Artisan Design Group (ADG) during the quarter.
Diluted EPS and Adjusted Diluted EPS
Diluted EPS was $2.88, while adjusted diluted EPS increased by 5.9% to $3.06 excluding acquisition expenses.
Total Sales Growth
Total sales for the quarter were $20.8 billion, with a 0.4% increase in comparable sales.
Acquisitions Impact
The company incurred $129 million in pre-tax expenses associated with FBM and ADG acquisitions, affecting the financial results.
- Lowe's reported positive comparable sales growth despite challenges from the previous year's hurricane season.
- The acquisitions of FBM and ADG contributed to additional expenses during the quarter, impacting the company's financial performance.
- The company's ongoing investments in acquisitions and capital allocation strategies demonstrate its commitment to enhancing offerings and driving long-term shareholder value.
Lowe's outlook for full year 2025 reflects ongoing macroeconomic uncertainties. The company anticipates flat comparable sales and adjusted diluted earnings per share of approximately $12.25.