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Lowe's(LOW) - 2024 Q4 - Annual Results
LOWLowe's(LOW)2024-02-26 16:00

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——ProvidesFullYear2024OutlookMOORESVILLE,N.C.,Feb.27,2024LowesCompanies,Inc.(NYSE:LOW)todayreportednetearningsof1.77— — 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 1.77forthequarterendedFeb.2,2024,comparedtodilutedEPSof1.77 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 ...