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.