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Investing.com -- Lowe’s Companies, Inc. reported better-than-expected second-quarter earnings on Tuesday, with adjusted earnings per share exceeding analyst estimates and the company raising its full-year revenue guidance.
Shares of the home improvement retailer rose 1% following the announcement.
For the quarter ended August 1, 2025, Lowe’s (NYSE:LOW) posted adjusted diluted earnings per share of $4.33, surpassing the analyst estimate of $4.24 by $0.09. The adjusted EPS figure, which excludes $43 million in pre-tax expenses related to the Artisan Design Group acquisition, represents a 5.6% increase from the same period last year.
Revenue came in at $24.0 billion, matching analyst expectations of $23.96 billion and up from $23.6 billion in the prior-year quarter. Comparable sales increased 1.1% YoY despite challenging weather conditions early in the quarter.
"This quarter, the company delivered positive comp sales driven by solid performance in both Pro and DIY," said Marvin Ellison, Lowe’s chairman, president and CEO. "Despite challenging weather early in the quarter, our teams drove both sales growth and improved profitability."
Lowe’s updated its full-year 2025 outlook, raising its revenue guidance to $84.5-$85.5 billion from the previous range of $83.5-$84.5 billion, above the consensus estimate of $84.4 billion. The company expects adjusted diluted EPS of $12.20-$12.45, compared to analyst expectations of $12.22.
The updated guidance reflects the inclusion of Artisan Design Group, which Lowe’s acquired in June for $1.3 billion. The acquisition is expected to strengthen the company’s ability to capture more Pro planned spending and expands its reach into the new home construction market.