The home-improvement retailer sticks to its full-year guidance and reports better same-store sales than expected.

Lowe’s said it faces housing-market headwinds and near-term economic uncertainty, but kept its 2025 earnings projections in place.

Lowe’s Companies' (LOW) shares edged lower in morning trade on Wednesday despite reporting first-quarter earnings that beat expectations and reaffirming its full-year outlook amid broader market weakness.

Lowe’s Cos.’ stock lost ground Wednesday after the home improvement retailer warned its second-quarter same-store sales are being impacted by unfavorable weather in some areas, although it fared better than rival Home Depot against Wall Street expectations in its most recent quarter.

FY2025 sales reached $20.9 billion with comparable sales down 1.7%, and mid-single-digit growth in Pro sales helped offset weaker DIY demand.