Reported about 10 hours ago
Lowe's reported Q4 earnings that exceeded Wall Street estimates, marking a positive turnaround in same-store sales growth for the first time in two years. With revenue of $18.6 billion and adjusted earnings per share of $1.93, results were bolstered by strong performance in professional and online segments, despite some pressure on DIY discretionary spending. Looking ahead, Lowe's anticipates total sales between $83.5 billion and $84.5 billion for the 2025 fiscal year, with expectations of flat to 1% growth in same-store sales compared to last year.
Source: YAHOO