Lowe’s – Lowe’s Report First Quarter 2023 Sales and Earnings Results
- Diluted EPS of $3.77; Adjusted Diluted EPS1 of $3.67
- Comparable Sales Decreased 4.3%
- Updates Full Year 2023 Outlook
MOORESVILLE, N.C., May 23, 2023 /PRNewswire/ — Lowe’s Companies, Inc. (NYSE: LOW) today reported net earnings of $2.3 billion and diluted earnings per share (EPS) of $3.77 for the quarter ended May 5, 2023, compared to diluted EPS of $3.51 in the first quarter of 2022.
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