Company Earnings UpdateLowe’s Companies, Inc. (NYSE: LOW) 2Q19 Results: Revenues and Comps Beat Consensus Estimates; Guidance Reaffirmed Coresight Research August 22, 2019 Executive Summary Lowe’s reported 2Q19 adjusted EPS of $2.15, up 3.9% and comfortably beating the $2.00 consensus estimate. Revenues were $20.99 billion, up 0.5% and ahead of the $20.93 billion consensus. Comps were 2.3%, beating the 1.7% consensus estimate. Gross margin contracted to 32.1% in 2Q19, compared to 33.0% in 2Q18. The company provided guidance for 2019, predicting revenue growth of around 2%, in line with the 1.7% consensus estimate, comps growth of approximately 3% and adjusted EPS of $5.45-5.65, in line with the consensus of $5.61. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Weekly UK Store Openings and Closures Tracker 2025, Week 47: Store Openings Exceed 1,500Innovator Profile: Wayvee Analytics—Analyzing Customer Emotions to Boost Store and Shelf PerformanceWeekly UK Store Openings and Closures Tracker 2025, Week 19: Store Closures Down 25% Year Over YearUS Store Tracker Extra, August 2025: At Home, Claire’s and Office Depot Closures Add 4+ Million Square Feet to Total Closed Retail Space
