Exhibit 99.1 February 27, 2024 For 6:00 a.m. ET Release LOWE’S REPORTS FOURTH QUARTER 2023 SALES AND EARNINGS RESULTS — Comparable Sales Decreased 6.2%; Diluted EPS of $1.77— — Provides Full Year 2024 Outlook — MOORESVILLE, N.C., Feb. 27, 2024 – Lowe’s Companies, Inc. (NYSE: LOW) today reported net earnings of $1.0 billion and diluted earnings per share (EPS) of $1.77 for the quarter ended Feb. 2, 2024, compared to diluted EPS of $1.58 in the fourth quarter of 2022, which included pre-tax transaction costs ...

Lowe's Companies, Inc. (LOW) is likely to register a decrease in the top line when it reports fourth-quarter fiscal 2023 earnings on Feb 27, before market open. The Zacks Consensus Estimate for revenues stands at $18,338 million, indicating a decline of 18.3% from the prior-year reported figure.The bottom line is also expected to have decreased year over year. Over the past 30 days, the Zacks Consensus Estimate for fourth-quarter earnings per share has been stable at $1.68, suggesting a decline of 26.3% fro ...

Lowe's (LOW) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this home improvement retailer have returned +8.2% over the past month versus the Zacks S&P 500 composite's +3.1% change. The Zacks Building Products - Retail industry, to which Lowe's belongs, has gained 1.6% over this period. Now the key question is: Where could the stock be headed in the near term?Although media ...

MOORESVILLE, N.C., Feb. 20, 2024 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) announced today that it will hold its Fourth Quarter & Fiscal 2023 Earnings Conference Call at 9 a.m. Eastern time on Tuesday, Feb. 27. A webcast will be available by visiting the Quarterly Earnings section of the Lowe's Investor Relations website, ir.lowes.com. Supplemental materials will be available 15 minutes before the start of the conference call. What: Fourth Quarter & Fiscal 2023 Earnings Conference Call When: 9 a.m. ...

Key TakeawaysBill Ackman's Pershing Square Capital Management sold the majority of its stake in home improvement retailer Lowe's in the fourth quarter of 2023. The hedge fund also reduced its stake in restaurant chain Chipotle Mexican Grill.Pershing Square raised its stake in real estate development and management company Howard Hughes.Bill Ackman's Pershing Square Capital Management made several changes to its portfolio in the fourth quarter of last year, including the sale of most of its stake in home imp ...

The most recent trading session ended with Lowe's (LOW) standing at $226.93, reflecting a +0.67% shift from the previouse trading day's closing. The stock fell short of the S&P 500, which registered a gain of 0.96% for the day. At the same time, the Dow added 0.4%, and the tech-heavy Nasdaq gained 1.3%.The home improvement retailer's stock has climbed by 2.27% in the past month, falling short of the Retail-Wholesale sector's gain of 4.23% and the S&P 500's gain of 3.69%.Market participants will be closely f ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Lowe's (LOW) . This company, which is in the Zacks Building Products - Retail industry, shows potential for another earnings beat.This home improvement retailer has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two q ...

Professional Football Player Chase Brown teamed up with Rebuilding Together, Lowe's, and nearly 200 volunteers to revitalize Valley View neighborhood LAS VEGAS, Feb. 9, 2024 /PRNewswire/ -- Rebuilding Together, a leading national nonprofit rebuilding communities in need, partnered with Lowe's, the Official Home Improvement Sponsor of the NFL, to provide essential home repairs for six families and community improvements in a Las Vegas-area neighborhood. On Friday, Feb. 9, running back Chase Brown joined near ...

The economy is set for a rebound in 2024, making it an optimal time to consider the best consumer discretionary stocks to buy. As we set our sights on the year 2030, the end of the decade could spell massive returns.The consumer discretionary sector can often be filled with hidden gems with tremendous growth potential. This will be driven by increased consumer spending and more favorable economic conditions. By investing in these forward-thinking companies, investors can achieve the financial abundance that ...

Lowe's (LOW) closed the most recent trading day at $220.39, moving -0.59% from the previous trading session. The stock's performance was behind the S&P 500's daily gain of 0.06%. On the other hand, the Dow registered a gain of 0.13%, and the technology-centric Nasdaq increased by 0.24%.Shares of the home improvement retailer have appreciated by 0.67% over the course of the past month, underperforming the Retail-Wholesale sector's gain of 8.04% and the S&P 500's gain of 6.45%.Analysts and investors alike wil ...