Investing.com -- Lowe’s Companies, Inc. (NYSE: LOW) reported third-quarter adjusted earnings that exceeded analyst expectations, sending shares up 5.2% premarket as investors responded positively to the home improvement retailer’s resilience amid macroeconomic challenges.

The company posted adjusted earnings per share of $3.06 for the quarter ended October 31, 2025, beating the analyst estimate of $2.97. This represents a 5.9% increase compared to the same period last year. Revenue came in at $20.81 billion, slightly below the consensus estimate of $20.85 billion but up from $20.2 billion in the prior-year quarter.

Comparable sales increased 0.4%, driven by 11.4% growth in online sales, double-digit growth in home services, and continued strength in Pro customer sales.

"The company delivered another quarter of positive comp sales, and we’re pleased to start November with positive comps as well, despite headwinds related to hurricane activity in the prior year," said Marvin R. Ellison, Lowe’s chairman, president and CEO.

Lowe’s updated its full-year 2025 outlook, now expecting total sales of $86 billion, up from its previous guidance of $84.5 to $85.5 billion and above the analyst consensus of $85.617 billion. However, the company narrowed its comparable sales forecast to flat YoY, compared to its previous expectation of flat to up 1%.

The retailer also adjusted its full-year EPS guidance to approximately $12.25, slightly below the analyst consensus of $12.27, and lowered its adjusted operating margin forecast to 12.1% from the previous range of 12.2% to 12.3%.

During the quarter, Lowe’s completed its acquisition of Foundation Building Materials (FBM) for $8.8 billion, a strategic move to enhance its offerings to professional customers. The company also paid $673 million in dividends, continuing its commitment to shareholder returns.

As of October 31, 2025, Lowe’s operated 1,756 stores representing 195.8 million square feet of retail selling space.