Lowe’s (Mooresville, N.C.) recently reported third quarter net earnings of $1.6 billion, down from last year’s $1.7 billion. This quarter’s diluted earnings per share were down to $2.88 from last year’s $2.99.
The company reported a year-over-year increase in total sales for the quarter, with $20.8 billion in total sales in 2025, up from $20.2 billion in 2024. The company cited a strong online demand for home services and pro sales as the driver of overall comparable sales growth for the quarter.
"The company delivered another quarter of positive comp sales, and we're pleased to start November with positive comps as well, despite headwinds related to hurricane activity in the prior year,” said Lowe’s Chairman, President and CEO, Marvin R. Ellison. “With the closing of the FBM acquisition last month, we look forward to enhancing our offering to Pro customers and creating more sustainable, long-term sales and profit expansion for the company.”
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