"Home Depot delivered a clean quarter beat on the earnings line, posting adjusted diluted EPS of $2.72 against a $2.52 consensus estimate, a 7.94% beat. Revenue came in at $38.20 billion, just ahead of the $38.12 billion estimate, though it declined year-over-year due to a calendar artifact."
"Lowe's missed on EPS, reporting $1.98 adjusted diluted EPS versus a $2.07 estimate, a 4.35% miss, but revenue came in at $20.58 billion, beating estimates by 1.14% and growing 10.95% year-over-year."
"Home Depot leaned on its SRS Distribution network, now spanning over 1,250 locations and added GMS to deepen specialty trade distribution. The SRS acquisition contributed 3.2% to total sales growth for fiscal 2025."
"Lowe's took a bolder swing with the $8.8 billion Foundation Building Materials acquisition, pushing long-term debt to $37.50 billion and total assets to $53.45 billion, indicating a significant balance sheet commitment."
Home Depot reported adjusted diluted EPS of $2.72, exceeding estimates, while revenue was $38.20 billion, slightly above expectations. Comparable sales grew 0.4%. Lowe's reported adjusted diluted EPS of $1.98, missing estimates, but revenue of $20.58 billion beat expectations and grew 10.95% year-over-year. Comparable sales rose 1.3%. Home Depot focused on expanding its distribution network, while Lowe's made significant acquisitions to enhance its market position, indicating differing strategies in a challenging housing market.
Read at 24/7 Wall St.
Unable to calculate read time
Collection
[
|
...
]