Lowes Companies Stock Price, News & Analysis

Lowe's (NYSE:LOW) has announced a definitive agreement to acquire Foundation Building Materials (FBM) for $8.8 billion in cash. FBM is a leading North American distributor of interior building products with over 370 locations serving 40,000 Pro customers across the US and Canada.

FBM generated $6.5 billion in revenue and $635 million in adjusted EBITDA in 2024, with impressive growth rates of 25% revenue CAGR and 30% adjusted EBITDA CAGR from 2019 to 2024. The acquisition, expected to close in Q4 2025, will be financed through short-term and long-term debt, with $9.0 billion in committed bridge financing from Bank of America and Goldman Sachs.

The strategic acquisition enhances Lowe's Total Home strategy by expanding its Pro customer offerings and creates significant cross-selling opportunities with both FBM and the recently acquired Artisan Design Group. The transaction is expected to be accretive to adjusted diluted EPS in the first full year post-closing.

Lowe's (NYSE:LOW) reported Q2 2025 results with net earnings of $2.4 billion and diluted EPS of $4.27, compared to $4.17 in Q2 2024. Excluding $43 million in pre-tax expenses related to the Artisan Design Group (ADG) acquisition, adjusted diluted EPS increased 5.6% to $4.33.

Total sales reached $24.0 billion, up from $23.6 billion year-over-year, with comparable sales increasing 1.1%. The company updated its full-year 2025 outlook, raising total sales guidance to $84.5-85.5 billion from $83.5-84.5 billion, while slightly lowering its operating margin forecast to 12.1-12.2% from 12.3-12.4%.

During Q2, Lowe's completed the ADG acquisition for $1.3 billion and paid $645 million in dividends. The company maintains 1,753 stores across 195.5 million square feet of retail space.

Lowe's Companies (NYSE:LOW) has scheduled its Second Quarter 2025 Earnings Conference Call for Wednesday, August 20, 2025, at 9:00 AM Eastern Time. The company will provide supplemental materials 15 minutes before the call begins.

Investors can access the live webcast through the Quarterly Earnings section of Lowe's Investor Relations website at ir.lowes.com. A replay of the webcast will be available from noon ET on August 20, 2025, through August 19, 2026.

Lowe's Foundation (NYSE:LOW) has expanded its commitment to addressing America's skilled trades labor shortage with an additional investment, bringing the total to $43 million across 28 states. The foundation announced 12 new Gable Grants recipients, expanding its nationwide network to 60 community and technical colleges.

The initiative is part of a five-year, $50 million commitment aimed at preparing 50,000 trades professionals in various fields including carpentry, construction, HVAC, electrical, plumbing, and property maintenance. The program addresses a critical workforce gap that causes a $10 billion annual economic loss in the housing industry, according to the National Association of Homebuilders.

Grant recipients will focus on expanding training capacity, introducing new programs, and implementing innovative solutions such as mobile training units and virtual reality simulation training. Several institutions will specifically address post-disaster recovery needs and support underserved communities.

Lowe's Foundation (NYSE:LOW) has expanded its commitment to addressing America's skilled trades labor shortage with an additional investment, bringing total funding to $43 million across 28 states. The foundation announced 12 new Gable Grants recipients, expanding its nationwide network to 60 community and technical colleges.

This initiative is part of a five-year, $50 million commitment aimed at preparing 50,000 trades professionals in various fields including carpentry, construction, HVAC, electrical, plumbing, and property maintenance. The program addresses a critical workforce gap that causes a $10 billion annual economic loss in the housing industry, according to the National Association of Homebuilders.

Notable recipients include institutions focusing on disaster recovery, infrastructure projects, and specialized programs for underserved communities, with several schools receiving second-round funding to expand existing successful programs.

Lowe's (NYSE:LOW) has announced its 2025 Lowe's Hometowns projects, featuring 100 community-nominated, large-scale renovations aimed at revitalizing nonprofit and community spaces. This initiative is part of the company's five-year, $100 million commitment to restore millions of square feet of community space. The program, now in its fourth year, includes projects that will expand food pantry capacities, restore transitional housing facilities, revitalize parks, and create rest spaces for first responders.

Additionally, Lowe's associates will undertake over 1,700 community improvement projects as part of their commitment to deliver 10 million square feet of impact. The program is implemented in partnership with Points of Light, a globally recognized nonprofit focused on civic engagement.

Lowe's (LOW) has launched the first home improvement creator network, with MrBeast, the world's most-followed digital creator, as a flagship partner. The network features a multi-tiered system offering creators competitive commissions, customizable storefronts on Lowes.com, product samples, and training resources. MrBeast's partnership includes a curated storefront and exclusive collaboration for Beast Games season two, where Lowe's will be the building partner for BeastCity. The initiative aims to connect with Millennial and Gen Z audiences through authentic content creation. Already enrolling 17,000 creators during beta, the free-to-join network allows creators to monetize content immediately while gaining access to project funding and sponsorship opportunities as they advance. The program also extends opportunities through Lowe's Retail Media Network, enhancing brand presence across digital channels.

Lowe's Companies (NYSE: LOW) has announced that Chairman and CEO Marvin R. Ellison and CFO Brandon J. Sink will participate in a virtual fireside chat hosted by Brian Nagel from Oppenheimer & Co. Inc. The event is scheduled for Wednesday, June 11, 2025, at 1:30 p.m. ET. Investors and interested parties can access the live video webcast through Lowe's Investor Relations website at ir.lowes.com under the "Events & Presentations" section. An archived version of the webcast will be available at the same location approximately 24 hours after the live event concludes.

Lowe's Companies (NYSE: LOW) has successfully completed its acquisition of Artisan Design Group (ADG), a leading provider of design, distribution, and installation services for interior surface finishes. ADG serves home builders and property managers nationwide with a strong reputation for customer service and execution. Lowe's CEO Marvin R. Ellison highlighted ADG's industry-leading position and high customer satisfaction scores from top homebuilders. The strategic acquisition aims to accelerate Lowe's growth in Pro planned spend and expand into an adjacent distribution channel within a fragmented $50 billion market. The transaction involved multiple financial advisors, with Centerview Partners LLC and Greenhill advising Lowe's, while RBC Capital Markets, Goldman Sachs, and Robert W. Baird advised ADG.