Lowe’s Matches Q1 Sales, Reaffirms Outlook Despite…

From Financial Modeling Prep: 2025-05-21 15:20:00

Lowe’s Companies reported first-quarter results in line with expectations, with net sales at $20.93 billion, down slightly from a year earlier. Comparable sales declined 1.7% due to weather, offset by strength in professional services and online sales. Gross profit fell 1.5% to $6.99 billion, but still beat analyst forecasts. The company reaffirmed full-year guidance amid housing market pressure.



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