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Lowe's(LOW) - 2025 Q1 - Quarterly Results
LOWLowe's(LOW)2024-05-21 12:45

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——AffirmsFullYear2024OutlookMOORESVILLE,N.C.,May21,2024LowesCompanies,Inc.(NYSE:LOW)todayreportednetearningsof3.06 — — Affirms Full Year 2024 Outlook — MOORESVILLE, N.C., May 21, 2024 – Lowe’s Companies, Inc. (NYSE: LOW) today reported net earnings of 1.8 billion and diluted earnings per share (EPS) of 3.06forthequarterendedMay3,2024,comparedtodilutedEPSof3.06 for the quarter ended May 3, 2024, compared to diluted EPS of 3.77 in the first quarter of 2023, which included a gain associated with the 2022 sal ...