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1. Adjusted Gross Margin, Adjusted Operating Margin, and Adjusted Diluted EPS are non-GAAP financial measures. Refer to ir.lowes.com for a reconciliation of non-GAAP measures. GROSS MARGIN -40 basis points vs. LY +0.4% -1.0% +5.8% -2.5% +4.8% -2.2% 2025 2024 Marvin R. Ellison, Chairman & CEO “We delivered strong results this quarter, as our Total Home strategy is resonating with both our Pro and DIY customers. While the housing macro remains pressured, we are focused on directing what is within our control. We remain confident that we are well-positioned to take share regardless of the macro environment.” Comparable Sales Summary COMP TRANSACTIONS COMP $107.28 AVERAGE TICKET ONLINE SALES GROWTH -2.3 % +3.6% +10.5% -1.4% -0.1% +4.0%>$500 $100-$500 <$100 Monthly Comp Sales Performance Comp Sales by Ticket Size NOV We returned $673 MILLION to our shareholders through dividends Financial Highlights $1.78 DILUTED EPS -10.6% vs. LY 8.3% OPERATING MARGIN -157 basis points vs. LY $1.98 ADJ. DILUTED EPS1 +2.6% vs. LY ADJ DILUTED EPS1 9.0% ADJ. OPERATING MARGIN1 -41 basis points vs. LY ADJ. OPERATING MARGIN1 DEC JAN Total Home Strategy Updates Product Category Performance Positive Comp Sales in 9 of 14 product categories 12 of 15 Regions Delivered positive comp sales growth $125M Frontline discretionary bonuses LAWN & GARDEN HARDWARE MILLWORK APPLIANCES ELECTRICAL KITCHENS & BATH PAINT ROUGH PLUMBING SEASONAL & OUTDOOR LIVING Record-setting Black Friday & Cyber Monday weekend supported by Lowe’s Creator Network Positive Pro comp sales driven by broad-based growth across categories and regions Completed pet & workwear rollout to 1,000 stores 32.5% 32.7% ADJ. GROSS MARGIN1 -18 basis points vs. LY ADJ. GROSS MARGIN1 +1.3% COMP SALES Q4 2025 RESULTS
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Positive Comp Sales in 5 of 14 product categories ROUGH PLUMBING PAINT FY 2025 RESULTS Financial Highlights 33.5% GROSS MARGIN +16 basis points 33.5% ADJ. GROSS MARGIN1 +22 basis points $11.85 DILUTED EPS -3.1% 1. Adjusted Gross Margin, Adjusted Operating Margin, and Adjusted Diluted EPS are non-GAAP financial measures. Refer to ir.lowes.com for a reconciliation of non-GAAP measures. $12.28 ADJ. DILUTED EPS1 +2.4% 11.8% OPERATING MARGIN -74 basis points 12.1% ADJ. OPERATING MARGIN1 -19 basis points We returned $2.6 BILLION to our shareholders through dividends Delivered positive comp sales growth 7 of 15 Regions $86.3B IN SALES Fortune #1 Most Admired Specialty Retailer * For J.D. Power 2025 award information, visit jdpower.com/awards J.D. Power #1 in customer satisfaction Annual pledge to make America's communities a better place to live and work APPLIANCES Positive Pro comps as we relaunched MyLowe’s Pro Rewards and began multi-year buildout of Pro Extended Aisle Closed on acquisitions of Foundation Building Materials and Artisan Design Group Launched Mylow, the first AI- powered home improvement virtual advisor for customers and associates Total Home Strategy Updates BUILDING MATERIALS LAWN & GARDEN +0.2% COMP SALES Product Category Performance Comparable Sales Summary COMP TRANSACTIONS COMP $106.17 AVERAGE TICKET ONLINE SALES GROWTH -2.8% +3.0% +8.8% -1.7% +1.1% +0.4% 1.3% Q1 2025 Q2 2025 Q3 2025 Q4 2025 Quarterly Comp Sales Performance