google.com, pub-8701563775261122, DIRECT, f08c47fec0942fa0
USA

Lowe’s (LOW) Q2 2025 earnings

The external view of a Lowe’s home development store in Selinsgrove.

Paul Weaver | LightoKet | Getty Images

Lowe’s With the increase in Wall Street’s demand for home projects in a quarter, he defeated his expectations on Wednesday.

Retailer also announced his latest efforts to attract more work than home professionals. In a statement on Wednesday, Gypsum Board, insulation and other internal building products for large housing and commercial professionals Foundation building materials for approximately 8.8 billion dollars to buy a agreement to buy, he said.

Lowe revised the full year view to reflect the acquisition of Artisan Design Group, a home professional -oriented company. In a news bulletin, “the basic business performance in the 2025 financial year remained unchanged,” he said.

Throughout the year, Lowe’s expects a total sales of $ 84.5 billion from $ 84.5 billion than $ 83.5 billion increase in the previous $ 83.5 billion. One -time factors such as store openings or closing reiterated the comparable sales and said that they would be flat up to 1% compared to the previous year. The earnings per share are expected from approximately $ 12.15 to $ 12.40 from $ 12.40 to $ 12.35 to $ 12.35.

Based on a questionnaire of LSEG’s analysts, compared to what Wall Street expects, the company’s reported for the second financial second quarter:

  • Earning per share: Expected $ 4.33 and $ 4.24
  • Revenues: 29.36 billion dollars and 23.96 billion dollars expected

In the three -month period, which ended on August 1, Lowe’s net income rose from $ 2.38 billion to $ 2.4 billion or $ 4.27 per share.or $ 4.17 per share, the previous period. Income increased from $ 23.59 billion in the previous quarter.

Lowe’s rival Home warehouse He missed Wall Street’s three -month sales and earning expectations on Tuesday, but he stood in full year to grow 2.8% of total sales.

This is the last minute news. Please check again for updates.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button