From Financial Modeling Prep: 2025-02-26 12:16:00

Lowe’s reported a surprising increase in fourth-quarter comparable sales, attributing the growth to its focus on both retail and professional customers. CEO Marvin Ellison highlighted the success of the company’s strategy to compete more aggressively with Home Depot, with quarterly comparable sales up 0.2%.

The home improvement retailer exceeded expectations with net sales of $18.55 billion and adjusted earnings per share of $1.99 for the fourth quarter. This performance surpassed analyst projections, leading to a more than 3% increase in Lowe’s shares during trading today.

For fiscal year 2025, Lowe’s anticipates total sales between $83.5 billion and $84.5 billion, slightly below analyst forecasts. Comparable sales are projected to be flat to up 1%, falling short of the 1.4% growth analysts had expected. The company also set its annual diluted earnings per share guidance at $12.15 to $12.40, below Wall Street’s $12.50 consensus estimate.



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