Lowe's: Q4 EPS up 12%

(CercleFinance.com) - Lowe's Companies reports Q4 EPS that is up over 12% to $1.
99, boosted by the positive impact of the sale of its Canadian retail operations in 2022 (without which EPS would have been $1.93). NB: pmt +3.6%.

At $18.6bn, sales were up 0.2% LFL, driven by strong Pro and online sales, a strong holiday performance and rebuilding efforts following the recent hurricanes.

Our results for the quarter were again better than expected, as we continue to gain momentum with our Total Home strategic initiatives, Chairman and CEO Marvin R Ellison said.

For 2025, the home improvement chain anticipates EPS of about $12.15 to $12.40, an operating margin of 12.3% to 12.4%, and sales of $83.5bn to $84.5bn (flat or up 1% on a comparable basis).


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