Exhibit 99.1 May 21, 2024 For 6:00 a.m. ET Release LOWE’S REPORTS FIRST QUARTER 2024 SALES AND EARNINGS RESULTS — Comparable Sales Decreased 4.1%; Diluted EPS of 3.06——AffirmsFullYear2024Outlook—MOORESVILLE,N.C.,May21,2024–Lowe’sCompanies,Inc.(NYSE:LOW)todayreportednetearningsof1.8 billion and diluted earnings per share (EPS) of 3.06forthequarterendedMay3,2024,comparedtodilutedEPSof3.77 in the first quarter of 2023, which included a gain associated with the 2022 sal ...