Lowe's Cos. (LOW) Tops Q1 EPS by 27c, Offers Guidance
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LOWE'S REPORTS FIRST QUARTER 2022 SALES AND EARNINGS RESULTS
May 18, 2022 6:00 AM EDTConsolidated Comparable Sales Decreased 4.0%; U.S. Comparable Sales Decreased 3.8% Represents U.S. Comparable Sales Increase on a Two-Year Basis of 19.7% First Quarter Diluted EPS of $3.51 Affirms Fiscal 2022 Outlook
MOORESVILLE, N.C., May 18, 2022 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) today reported net earnings of $2.3 billion, in line with prior-year results, and diluted earnings per share (EPS) of $3.51 for the quarter ended April 29, 2022, compared to diluted EPS of $3.21 in the first quarter of 2021.Â
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