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.

Home improvement retailer Lowe's posted a smaller-than-expected drop in first-quarter sales on Wednesday and said it plans to keep its pricing competitive, without ruling out the possibility of price hikes on some items due to tariffs.

Lowe’s receives products from Canada, Mexico, China and other parts of Southeast Asia, like South Korea, Ellison previously said. While some Trump tariffs have been paused or adjusted since early April, many remain in effect. That includes 10% tariffs on all countries, with higher rate imposed on countries like Canada, Mexico and China.

U.S. stocks open lower, consolidating recent gains. Home Depot says it has no plans to raise prices due to tariffs. Musk to stay at Tesla for 5 years.