Lowe's Cos. (LOW) Tops Q2 EPS by 5c, Revenues Beat; Provides FY18 EPS Outlook
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Lowe's Reports Second Quarter Sales and Earnings Results
August 22, 2018 6:00 AM EDTMOORESVILLE, N.C., Aug. 22, 2018 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) today reported net earnings of $1.5 billion and diluted earnings per share of $1.86 for the quarter ended Aug. 3, 2018, which included non-cash pre-tax charges of $230 million further described below, compared to net earnings of $1.4 billion and diluted earnings per share of $1.68 in the second quarter of 2017. Excluding the impact of these charges, adjusted diluted earnings per share1 increased 31.8 percent to $2.07 from adjusted diluted earnings per share1 of $1.57 in the second quarter of 2017.
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