LOW
Lowe's Companies, Inc.246.47
-2.31-0.93%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
138.26BP/E (TTM)
20.40Basic EPS (TTM)
12.08Dividend Yield
0.02%Recent Filings
10-Q
8-K
8-K
Lowe's seals $8.8B FBM deal
Lowe's Companies completed its $8.8 billion cash acquisition of Foundation Building Materials on October 9, 2025, bolstering Pro customer offerings with expanded product lines, quicker fulfillment, and trade credit across 370 U.S. and Canadian locations. This move, financed partly by a $2.0 billion three-year term loan, targets growth in key regions like California and the Northeast while creating cross-selling synergies with recent buyout Artisan Design Group. Integration risks loom if economic volatility hampers housing recovery.
10-Q
Q2 FY2025 results
Lowe's delivered steady Q2 FY2025 results, with net sales climbing 1.6% y/y to $24.0B on 1.1% comparable sales growth, fueled by Pro customers and online channels, while gross margin edged up 0.3 points to 33.8% from productivity gains. Operating income held firm at $3.5B (14.5% margin), but YTD dipped 2.2% to $6.0B amid higher SG&A; diluted EPS rose 2.4% y/y to $4.27, reconciling cleanly with 560M shares. Cash swelled to $4.9B, with operating cash flow up 2.6% y/y to $7.6B and free cash flow at $6.6B after $1.0B capex (derived); total debt eased to $34.7B with $4.0B revolver availability. The $1.3B Artisan Design Group acquisition closed in June, adding $714M intangibles (amortized over 5-20 years) and $379M goodwill for Pro synergies. Yet regulatory hurdles could delay the pending $8.8B Foundation Building Materials deal.
8-K
Lowe's Q2 sales beat expectations
Lowe's reported Q2 2025 net sales of $24.0 billion, up from $23.6 billion last year, with comparable sales rising 1.1% amid early weather challenges. Adjusted diluted EPS climbed 5.6% to $4.33, despite $43 million in ADG acquisition costs that dinged results by $0.06 per share; the deal closed in June to boost Pro penetration and new home construction reach. Lowe's operates 1,753 stores. Full-year sales outlook lifted to $84.5-$85.5 billion, but margins slip slightly on integration.
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