Lowe's GAAP EPS of $2.92 beats by $0.05, revenue of $20.93B misses by $40M

Lowe’s press release (NYSE:LOW): Q1 GAAP EPS of $2.92 beats by $0.05.
Revenue of $20.93B (-2.2% Y/Y) misses by $40M.
Comparable sales for the quarter decreased 1.7% as unfavorable weather earlier in the quarter was partially offset by mid-single-digit Pro and online comparable sales growth.
As of May 2, 2025, Lowe’s operated 1,750 stores representing 195.3 million square feet of retail selling space.
Full Year 2025 Outlook
- Total sales of $83.5 to $84.5 billion vs $84.31B consensus
- Comparable sales expected to be flat to up +1% as compared to prior year
- Operating income as a percentage of sales (operating margin) of 12.3% to 12.4%
- Net interest expense of approximately $1.3 billion
- Depreciation and Amortization expense of approximately $1.8 billion
- Effective income tax rate of approximately 24.5%
- Diluted earnings per share of approximately $12.15 to $12.40 vs $12.21 consensus
- Capital expenditures of approximately $2.5 billion

Lowe’s GAAP EPS of $2.92 beats by $0.05, revenue of $20.93B misses by $40M