NYSE$LOW
Lowe's Companies Inc · Q2 2020 earnings
Q2 2020 earnings · · Investor relations
Briefing
Reported strong second quarter results driven by consumer focus on home improvement and improved technology and operational platforms.
Lowe's reported net earnings of $2.8 billion and diluted earnings per share (EPS) of $3.74 for the quarter ended July 31, 2020. Sales for the second quarter were $27.3 billion, and comparable sales increased 34.2 percent.
- U.S. Comparable Sales Increased 35.1%
- Diluted EPS Increased 75% to $3.74
- Adjusted Diluted EPS Increased 74% to $3.75
- Lowes.com Sales Increased 135%
Headline financials
Revenue & EPS history
Lowe's · Revenue · Quarterly
$27.3B
Forward guidance
The Company withdrew its financial guidance for fiscal year 2020 due to limited visibility into future business trends in this unprecedented operating environment, which results in an unusually wide range of potential outcomes for 2020 financial performance.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q2 2020
+0.4%
Avg return
Earnings day
+1.6%
Avg return
5 days after
+1.7%
Avg return
30 days after
53%
35 / 66 earnings
Positive
+16.5%
Q4 2019
Best reaction
-6.5%
Q1 2013
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.5% | — | — | |
| Q4 2025 | -3.8% | -7.7% | -17.3% | |
| Q3 2025 | +3.4% | +4.2% | +9.5% | |
| Q2 2025 | +0.3% | +1.0% | +3.4% | |
| Q1 2025 | -1.6% | -4.4% | -8.0% | |
| Q4 2024 | +1.9% | +1.6% | -5.8% | |
| Q3 2024 | -3.2% | -2.6% | -10.0% | |
| Q3 2023 | +0.2% | +3.0% | +4.2% | |
| Q2 2024 | -0.3% | +2.8% | +7.3% | |
| Q1 2024 | -3.5% | -6.1% | -0.7% | |
| Q1 2023 | -1.5% | +0.5% | -6.7% | |
| Q4 2023 | +2.7% | +1.6% | +14.1% | |
| Q2 2023 | +4.4% | +2.5% | -3.2% | |
| Q4 2022 | +0.4% | +5.5% | +6.0% | |
| Q3 2022 | -0.2% | +0.7% | -1.3% | |
| Q2 2022 | +1.1% | -1.9% | -10.4% | |
| Q1 2022 | -3.2% | -4.0% | -11.1% | |
| Q4 2021 | -3.1% | -9.7% | -11.4% | |
| Q3 2021 | +1.1% | +3.1% | +1.4% | |
| Q2 2021 | +11.2% | +13.1% | +14.7% | |
| Q1 2021 | +0.3% | -1.1% | -3.0% | |
| Q4 2020 | +0.5% | +6.8% | +13.6% | |
| Q3 2020 | -6.4% | -3.9% | +2.1% | |
| Q2 2020 | +0.4% | +4.9% | +1.4% | |
| Q1 2020 | +3.2% | +4.6% | +14.5% | |
| Q4 2019 | +16.5% | +31.1% | +43.1% | |
| Q3 2019 | +0.9% | +2.9% | +4.4% | |
| Q2 2019 | -0.2% | +2.2% | -5.2% | |
| Q1 2019 | +3.8% | +3.7% | +10.6% | |
| Q4 2018 | +2.8% | +5.6% | +2.9% | |
| Q3 2018 | -1.0% | -0.9% | +3.9% | |
| Q2 2018 | -0.3% | +0.8% | +1.9% | |
| Q1 2018 | +0.9% | +2.7% | -2.1% | |
| Q4 2017 | -2.6% | +0.6% | -4.3% | |
| Q3 2017 | -6.4% | -2.8% | +5.3% | |
| Q2 2017 | +3.8% | +5.2% | +10.2% | |
| Q1 2017 | -2.1% | -1.0% | -3.6% | |
| Q4 2016 | -0.5% | +0.1% | +4.1% | |
| Q3 2016 | -0.9% | +1.6% | +0.2% | |
| Q2 2016 | -0.6% | -1.3% | -5.5% | |
| Q1 2016 | -0.1% | -0.4% | -1.5% | |
| Q4 2015 | +1.4% | — | — | |
| Q3 2015 | -2.6% | — | — | |
| Q2 2015 | -0.2% | — | — | |
| Q1 2015 | +0.7% | — | — | |
| Q4 2014 | -0.5% | — | — | |
| Q3 2014 | +1.8% | — | — | |
| Q2 2014 | +0.8% | — | — | |
| Q1 2014 | +0.3% | — | — | |
| Q4 2013 | +1.0% | — | — | |
| Q3 2013 | +0.1% | — | — | |
| Q2 2013 | +0.3% | — | — | |
| Q1 2013 | -6.5% | — | — | |
| Q4 2012 | +0.9% | — | — | |
| Q3 2012 | -2.3% | — | — | |
| Q2 2012 | -1.3% | — | — | |
| Q1 2012 | +4.8% | — | — | |
| Q4 2011 | -1.0% | — | — | |
| Q3 2011 | +1.2% | — | — | |
| Q2 2011 | -2.7% | — | — | |
| Q1 2011 | -2.2% | — | — | |
| Q4 2010 | +0.9% | — | — | |
| Q3 2010 | +9.8% | — | — | |
| Q2 2010 | +3.8% | — | — | |
| Q1 2010 | +0.6% | — | — | |
| Q4 2009 | -0.3% | — | — |
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