Lowe's reports a 3.1 per cent drop in sales for 2024/2025

The US home improvement retailer Lowe's closed the 2024/2025 financial year (ending 31 January 2025) with a year-on-year decline in sales of 3.1 per cent to USD 83.674 bn (EUR 79.840 bn). The sales of the world's second-largest home improvement group were lower than in the respective previous year's quarters.

In the fourth quarter, the minus was 0.3 per cent with a volume of USD 18.553 bn (EUR 17.703 bn). On a like-for-like basis, there was a slight increase of 0.2 per cent.