Lowe's reports slight Q4 sales decline, revises 2025 forecasts

Lowe's reported a slight decline in Q4 sales, dropping 0.3% year-over-year to $18.6 billion, although comparable sales increased 0.2%, supported by strong online sales and holiday performance. The company posted net earnings of $1.13 billion, or $1.99 per share, exceeding analyst expectations, which forecasted earnings of $1.84 per share. For 2025, Lowe's anticipates full-year sales between $83.5 billion and $84.5 billion, with comparable sales expected to be flat to up 1%, falling short of analysts' estimates for a 1.13% increase. This cautious outlook reflects ongoing challenges in the home improvement sector, such as rising interest rates and economic uncertainty, which have led to a more restrained consumer spending environment. The home improvement market's recovery remains fragile, affecting Lowe's and its competitors' performance. Despite these challenges, Lowe's management expresses confidence in the long-term strength of the industry.