Lowe's Sales Up, Profit Outlook Down: Economic Uncertainty Weighs
Update: 2025-11-19
Description
Lowes, the home improvement retail giant, reported a sales increase for the quarter but revised its full-year profit outlook downward due to a challenging economic climate. Despite a higher sales projection of $86 billion, the company expects flat comparable sales and adjusted earnings per share of $12.25, lower than its earlier forecast. This comes as competitor Home Depot also lowered its full-year profit forecast after missing earnings expectations for the third consecutive quarter, citing less storm activity, a tough housing market, and consumer uncertainty.
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