Lowe's Cos. (LOW) Tops Q1 EPS by 46c, Revenues Beat, U.S. Comp. Sales Up 12.3%

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Lowe's Reports First Quarter 2020 Sales And Earnings Results

May 20, 2020 6:00 AM EDT

MOORESVILLE, N.C., May 20, 2020 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) today reported net earnings of $1.3 billion and diluted earnings per share (EPS) of $1.76 for the quarter ended May 1, 2020, compared to a net earnings of $1.0 billion and diluted EPS of $1.31 in the first quarter of 2019.  First quarter adjusted diluted EPS of $1.77 was 45 percent higher than adjusted diluted EPS of $1.22 in the first quarter of 20191.

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