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Quarter ended May 2, 2025 · FY2025 Q1

Lowe's Companies (LOW) Revenue — Quarter Ended May 2, 2025

Revenue improved sequentially from the prior quarter but remained below the level of the same quarter last year. The company saw a rebound in quarterly sales compared to the immediate prior period, though the year-over-year comparison continued to show a decline.

Key takeaway

Quarter ended May 2, 2025 · FY2025 Q1

Revenue improved sequentially from the prior quarter but remained below the level of the same quarter last year. The company saw a rebound in quarterly sales compared to the immediate prior period, though the year-over-year comparison continued to show a decline.

Financial snapshot

Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.

Quarter revenue

$20.9B

Revenue reported for this quarter.

Quarter-over-quarter

+12.8%

Change from the immediately preceding quarter.

Year-over-year

-2.0%

Change from the comparable year-ago quarter.

Trailing four quarters

$83.2B

Sum of the latest four reported quarters.

Quarterly revenue trend

The latest four reported quarters with year-over-year comparisons.

Period endedRevenueYear-over-year change
Aug 2, 2024$23.6B-5.5%
Nov 1, 2024$20.2B-1.5%
Jan 31, 2025$18.6B-0.3%
May 2, 2025$20.9B-2.0%

Revenue performance

The reported revenue moved higher versus the immediately preceding quarter, marking a reversal from the prior sequential trend. This sequential gain indicates a pickup in activity during the quarter.

Quarterly comparison

Compared to the prior quarter, revenue increased significantly. However, when measured against the same quarter one year earlier, revenue was lower, extending a pattern of year-over-year declines seen in recent quarters.

What to watch

The year-over-year decline persisted, albeit at a rate similar to recent quarters, warranting attention to whether the downtrend will moderate.