Lowe’s Q3 2025 earnings dip as acquisition costs squeeze profit

US-based location betterment retailer Lowe’s Companies has reported nett net of $1.61bn for the 3rd 4th ended 31 October 2025, down from $1.69bn during the aforesaid play successful 2024.

Diluted net per stock (EPS) for the play were $2.88, down from $2.99 successful the aforesaid play a twelvemonth earlier.

The retailer booked $129m successful pre-tax charges tied to its acquisitens of Foundation Building Materials (FBM) and Artisan Design Group (ADG) during the quarter.

When these items are excluded, adjusted diluted EPS accrued 5.9% year-on-year to $3.06.

Total income roseate to $20.81bn from $20.17bn successful the 3rd 4th of 2024.

Comparable income were up 0.4%, supported by 11.4% maturation successful online revenue, double-digit increases successful location services and ongoing maturation successful income to nonrecreational customers.

At the extremity of the quarter, Lowe’s operated 1,756 outlets, covering 195.8 cardinal quadrate feet of retail space.

The institution spent $8.8bn connected the FBM acquisition and distributed $673m successful dividends during the period.

Lowe’s revised its full-year 2025 guidance to origin successful macroeconomic uncertainty and the consolidation of FBM.

It present projects full income of $86bn, level comparable sales, an adjusted operating borderline of 12.1%, nett involvement disbursal of astir $1.4bn, an effectual income taxation complaint of astir 24%, adjusted diluted EPS of astir $12.25 and superior spending of up to $2.5bn.

Lowe's chairman, president and CEO Marvin Ellison stated: "The institution delivered different 4th of affirmative comp sales, and we're pleased to commencement November with affirmative comps arsenic well, contempt headwinds related to hurricane enactment successful the anterior year.

“With the closing of the FBM acquisition past month, we look guardant to enhancing our offering to Pro customers and creating much sustainable, semipermanent income and nett enlargement for the company. I would similar to convey our associates for their hard enactment and dedication to the business.”

"Lowe’s Q3 2025 net dip arsenic acquisition costs compression nett " was primitively created and published by Retail Insight Network, a GlobalData owned brand.

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