Lowe’s Q2 2025 Earnings Forecast
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Lowe’s Beats Expectations, Announces Major Acquisition as Home Advancement Demand Rises
Selinsgrove, PA – August 20, 2025 – Lowe’s (LOW) delivered a strong second quarter, exceeding Wall Street’s earnings expectations as demand for home projects showed renewed vigor. The retailer also announced a important move to bolster its business with professional contractors, unveiling a deal to acquire Foundation Building Materials for approximately $8.8 billion.
This acquisition, coupled with the earlier purchase of Artisan Design Group, has prompted Lowe’s to revise its full-year outlook. While core business performance remains unchanged, the company now anticipates total sales between $84.5 billion and $85.5 billion, a slight increase from its previous forecast of $83.5 to $84.5 billion. Comparable sales are projected to be flat to up 1% compared to the prior year. Earnings per share are now expected to fall in the range of $12.10 to $12.35, a slight adjustment down from the previous range of $12.15 to $12.40.
Key Financial Highlights for Q2:
Earnings per share: $4.33 vs. $4.24 expected
revenue: $29.36 billion vs. $23.96 billion expected
Lowe’s net income rose to $2.4 billion, or $4.27 per share, compared to $2.38 billion, or $4.17 per share, in the same period last year. Revenue also increased, reaching $29.36 billion compared to $23.59 billion in the year-ago quarter.The strong performance comes as a welcome sign for the home improvement sector, and signals continued investment in serving the needs of both DIY customers and professional contractors. The acquisition of Foundation Building Materials,a distributor of drywall,insulation,and other interior building products,is a strategic move to strengthen Lowe’s position in the professional market.
This news follows a similar trend from competitor Home Depot, indicating a generally healthy environment for home improvement retailers. Analysts will be closely watching how these investments translate into long-term growth for Lowe’s.