All articles tagged with #lowes
Options traders anticipate Target (TGT) to have the largest post-earnings move (about ±8.9%), Lowe’s around ±7.7%, while Walmart (WMT) is expected to move only about ±2.7%, as all three retailers report this week; investors will watch traffic, margins, and outlook in an environment of inflation and consumer caution.
Lowe's reported $20.58 billion in Q4 2025 sales and net earnings of $999 million ($1.78 per share), with adjusted diluted EPS of $1.98 after excluding $149 million in pre-tax costs tied to the Foundation Building Materials and Artisan Design Group acquisitions. For the full year, net earnings were $6.654 billion and the company provided a 2026 outlook of $92–$94 billion in sales, flat-to up 2% in comparable sales, and adjusted diluted EPS of $12.25–$12.75 (GAAP diluted EPS about $11.75–$12.25), with operating margin 11.2%–11.4%, and capex around $2.5 billion. The firm highlighted growth in Pro, online, and home services, paid $673 million in dividends in Q4 and returned about $2.6 billion to shareholders in 2025, and remains optimistic on share gains amid housing-market headwinds through productivity initiatives.
Lowe’s topped Q4 expectations with revenue of $20.58 billion and $1.98 in adjusted EPS (vs. $1.94 expected), while net income fell to $999 million; comparable sales rose 1.3%. For the full year, Lowe’s guides sales of $92–$94 billion and adjusted EPS of $12.25–$12.75, with comparable sales expected to be flat to up about 2%. CEO Marvin Ellison cited productivity initiatives and a focus on DIY customers and professionals amid a housing slowdown. Shares moved lower in premarket trading, though the stock is up about 16% year-to-date.
Lowe's is cutting about 600 corporate and support roles—less than 1% of its roughly 300,000-employee workforce—without touching store positions, as it shifts to strengthen frontline operations and leans into AI to reduce workloads; affected workers will receive severance, benefits, and career-transition support, while exact Charlotte-area numbers weren’t disclosed.
JD Power's 2025 U.S. Home Improvement Retailer Satisfaction study ranks Lowe's first, with Ace Hardware second and Home Depot and Menards below the average. The study surveyed 2,140 shoppers from July 2024 to March 2025 and evaluated five drivers: price, online experience, in-store experience, merchandise, and staff/service. About 64% would definitely shop at their chosen store again (up 9% from 2024), driven by more proactive employees and shoppers doing more online pre-purchase research; Lowe's advantage includes more affordable power tools, while Home Depot offers better warranties.
Lowe's has announced an $8.8 billion cash acquisition of Foundation Building Materials to expand its services for professional builders and contractors across North America, aiming to strengthen its market position and compete more effectively with Home Depot.
Lowe's has completed its acquisition of Foundation Building Materials for nearly $9 billion, expanding its offerings to professional builders with 370 locations across the US and Canada, aiming to enhance market penetration and serve the growing housing market.
Lowe's has completed an $8.8 billion acquisition of Foundation Building Materials to expand its offerings for professional customers and boost sales amid challenging market conditions, following a similar move by rival Home Depot. Despite slight sales increases, Lowe's faces declining customer visits and cautious consumer behavior due to economic factors like high mortgage rates and a sluggish housing market.
Lowe's has completed an $8.8 billion acquisition of California-based Foundation Building Materials (FBM), a major distributor of construction and home repair products, to expand its market reach and serve large professional customers, while allowing FBM to operate independently under its founder.
Francine, a beloved store cat at a Virginia Lowe's, was missing for over two weeks before being found in North Carolina, thanks to community efforts and a viral campaign, and has now returned home safely with a new harness and tracking tag.
Lowe's plans to acquire Foundation Building Materials for $8.8 billion to enhance its distribution capabilities, digital tools, and cross-selling opportunities, with the deal expected to close in late 2025.
Lowe's is offering up to 40% off on various products including gardening supplies, appliances, and outdoor equipment during its Labor Day sale, which runs through September 3 both online and in stores, with many items available for same-day delivery.
Target's sales declined again due to tariff uncertainties but less than before, while Lowe's exceeded earnings expectations and announced a strategic acquisition, highlighting the mixed impact of tariffs on major retailers amid ongoing economic volatility.
Lowe's stock rose after announcing an $8.8 billion acquisition of Foundation Building Materials to accelerate its Total Home strategy and enhance its professional builder market segment, with the deal expected to close in Q4. The company also recently acquired Artisan Design Group, and its Q2 earnings exceeded expectations, prompting an upward revision of its full-year sales outlook. Analysts give Lowe's a Moderate Buy rating with a target price of $262.43.
Lowe's announced an $8.8 billion cash acquisition of Foundation Building Materials to expand its professional offerings, while also reporting a quarterly earnings beat and outperforming Home Depot in comparable sales growth, signaling strong performance and strategic expansion in the home improvement sector.