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Lowe's Raises Outlook, Expands Pro Reach With $8.8 Billion Acquisition

Market Impact

Akanksha Bakshi

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August 20, 2025

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Benzinga

Lowe's reported strong Q2 results with net earnings of $2.4B, adjusted diluted EPS of $4.33, and sales of $23.96B. The company also announced the acquisition of Foundation Building Materials for $8.8B.

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