Lowe’s Q3 Misses on EPS, Guides FY Flat

$LOW (-0,11%)

• Revenue: $20.8B (Est. not provided)

• EPS: $2.88 (Est. not provided) 🔻

• Adj. EPS: $3.06 (ex-acquisition costs)

• Comparable sales: +0.4%

• Online sales: +11.4%

• Pro segment: Continued growth

• FBM acquisition: Closed; $8.8B invested

• Guidance: FY sales $86B, flat comps, adj. operating margin 12.1%, adj. EPS ~$12.25, capex up to $2.5B

Lowe’s delivered modest comps and strong digital growth but reported lower EPS while maintaining a stable full-year outlook.