Overview

• Home Depot reported Q1 2025 adjusted earnings per share (EPS) of $3.56 on $39.86 billion in sales, with U.S. comparable sales increasing 0.2%.
• Lowe’s posted Q1 2025 EPS of $2.92 and $20.9 billion in revenue, with comparable sales down 1.7% year-over-year.
• Both companies reaffirmed their cautious full-year outlooks, with Lowe’s projecting flat to 1% comparable sales growth.
• Home Depot plans to maintain stable pricing and diversify its supply chain, aiming to source no more than 10% of imports from any single country by next year.
• Lowe’s highlighted its #1 J.D. Power customer satisfaction ranking, attributing it to investments in technology, store environments, and service.