Lowe’s Companies, Inc. (NYSE:LOW) reported second-quarter net earnings of $2.4 billion, or diluted Earnings Per Share (EPS) of $4.27, compared to $4.17 in the year-ago quarter.
Adjusted diluted EPS rose 5.6% to $4.33 from $4.10, topping analyst estimates of $4.24.
Quarterly sales reached $23.96 billion, compared with $23.59 billion a year earlier, and came in slightly above Wall Street’s estimate of $23.96 billion. Comparable sales increased 1.1%.
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Gross margin expanded 34 basis points to 33.81%, with gross profit up 2.6% to $8.1 billion. Operating margin narrowed by 15 basis points to 14.5%.
“This quarter, the company delivered positive comp sales driven by solid performance in both Pro and DIY,” said Marvin R. Ellison, Lowe’s chairman, president and CEO. “In June, we closed on the acquisition of ADG, which strengthens our ability to capture a greater portion of Pro planned spend and expands our reach into the new home construction market.”
As of Aug. 1, 2025, Lowe’s operated 1,753 stores …