Lowe's Reports Strong Q2 2025 Earnings, Raises Full-Year Outlook
Lowe's (LOW.US) reported second-quarter results for 2025, with adjusted diluted earnings per share (EPS) reaching $4.33, an increase of 5.6% compared to the prior-year period's adjusted diluted EPS. Total sales for the quarter were $24.0 billion, up from $23.6 billion in the prior-year quarter, marking a 1.69% increase. Comparable sales for the quarter increased by 1.1%. The adjusted diluted EPS of $4.33 surpassed the analyst estimate of $4.23.
Strong Performance Drivers
The company achieved positive comparable sales driven by solid performance in both Pro and DIY segments. Despite early-quarter weather challenges, the teams successfully drove both sales growth and improved profitability, according to Marvin R. Ellison, Lowe's chairman, president, and CEO.
A significant business development during the quarter was the acquisition of Artisan Design Group (ADG) in June. This acquisition is expected to strengthen Lowe's ability to capture a greater portion of Pro planned spend and expand its reach into the new home construction market, with an investment of $1.3 billion for ADG acquisition.
Updated Full Year 2025 Outlook
Lowe's has updated its full-year 2025 outlook to reflect the inclusion of ADG. The company now projects total sales of $84.5 billion to $85.5 billion, an increase from the previously stated $83.5 billion to $84.5 billion.
Adjusted diluted EPS for the full year is now expected to be approximately $12.20 to $12.45, compared to the prior guidance of $12.15 to $12.40. Comparable sales are still expected to be flat to up +1% year-over-year.