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——ProvidesFullYear2024Outlook—MOORESVILLE,N.C.,Feb.27,2024–Lowe’sCompanies,Inc.(NYSE:LOW)todayreportednetearningsof1.0 billion and diluted earnings per share (EPS) of 1.77forthequarterendedFeb.2,2024,comparedtodilutedEPSof1.58 in the fourth quarter of 2022, which included pre-tax transaction costs ...