Lowe's Companies Inc. reported its financial results for the first quarter of 2025, revealing net earnings of $1.6 billion and diluted earnings per share $(EPS)$ of $2.92, compared to EPS of $3.06 in the same quarter of the previous year. Total sales for the quarter amounted to $20.9 billion, a decrease from $21.4 billion in the prior-year quarter. Comparable sales experienced a decline of 1.7%, attributed to unfavorable weather conditions earlier in the quarter, which was partially mitigated by growth in Pro and online sales. The company has affirmed its full-year 2025 outlook, projecting total sales between $83.5 billion and $84.5 billion, with comparable sales expected to be flat or increase by up to 1% compared to the previous year. Lowe's anticipates an operating margin of 12.3% to 12.4% and a diluted EPS of approximately $12.15 to $12.40 for the full year. Lowe's continues to focus on customer satisfaction, having earned the #1 ranking in Customer Satisfaction among Home Improvement Retailers by J.D. Power. Strategic investments in technology and store environments, along with the dedication of their associates, are emphasized as key factors in their ongoing commitment to serving customers and communities. As of May 2, 2025, Lowe's operated 1,750 stores, covering 195.3 million square feet of retail selling space.
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