Investing.com -- Lowe’s (NYSE: LOW) has reported net sales of $21.36 billion in the first quarter, slipping by 4.4% compared to the year-ago period but above Bloomberg consensus estimates.

The DIY retailer also confirmed its full-year outlook, adding that it is "pleased" with the start to its spring performance.

Shares in Lowe's were higher in premarket U.S. trading on Tuesday.

This is a developing story. Please check back later for updates.

Earnings Investing

Loop Capital Reiterates Hold Rating on Lowe's (LOW)May 22, 2024 7:11 AM Lowe's (LOW) PT Lowered to $265 at Truist SecuritiesMay 22, 2024 7:08 AM RBC Capital Reiterates Sector Perform Rating on Lowe's (LOW)May 22, 2024 6:18 AM UBS Reiterates Buy Rating on Lowe's (LOW)May 22, 2024 5:51 AM Barclays Reiterates Equalweight Rating on Lowe's (LOW)May 22, 2024 5:46 AM JPMorgan Reiterates Overweight Rating on Lowe's (LOW)May 22, 2024 5:43 AM Wells Fargo Reiterates Overweight Rating on Lowe's (LOW)May 22, 2024 5:11 AM Lowe's (LOW) PT Lowered to $250 at Evercore ISIMay 22, 2024 5:04 AM Jefferies Reiterates Buy Rating on Lowe's (LOW)May 21, 2024 6:51 AM