LOWES COMPANIES INC
For the period ended May 2, 2025. Filed May 29, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
May 2, 2025 · Filed May 29, 2025
LOW$232.10+3.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Earnings
Consolidated Statements of Earnings (Unaudited)
In Millions, Except Per Share and Percentage Data
| Three Months Ended | |||||
|---|---|---|---|---|---|
| May 2, 2025 · May 3, 2024 | |||||
| Current Earnings · Amount · % Sales · Amount · % Sales | |||||
| Net sales | $20,930 | 100.00% | $21,364 | 100.00% | |
| Cost of sales | 13,944 | 66.62 | 14,274 | 66.81 | |
| Gross margin | 6,986 | 33.38 | 7,090 | 33.19 | |
| Expenses: | |||||
| Selling, general and administrative | 4,046 | 19.33 | 4,009 | 18.77 | |
| Depreciation and amortization | 446 | 2.13 | 428 | 2.00 | |
| Operating income | 2,494 | 11.92 | 2,653 | 12.42 | |
| Interest – net | 337 | 1.61 | 352 | 1.65 | |
| Pre-tax earnings | 2,157 | 10.31 | 2,301 | 10.77 | |
| Income tax provision | 516 | 2.47 | 546 | 2.56 | |
| Net earnings | $1,641 | 7.84% | $1,755 | 8.21% | |
| Weighted average common shares outstanding – basic | 559 | 571 | |||
| Basic earnings per common share | $2.93 | $3.06 | |||
| Weighted average common shares outstanding – diluted | 560 | 572 | |||
| Diluted earnings per common share | $2.92 | $3.06 | |||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.