LOWE'S REPORTS FIRST QUARTER 2024 SALES AND EARNINGS RESULTS

— Comparable Sales Decreased 4.1%; Diluted EPS of $3.06 —— Affirms Full Year 2024 Outlook —MOORESVILLE, N.C., May 21, 2024 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) today reported net earnings of$1.8 billion and diluted earnings per share (EPS) of $3.06 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 sale of the Canadian retail business. Excluding this gain, first quarter 2023 adjusted diluted EPS1 was ...