Jefferies Reiterates Buy Rating on Lowe's (LOW)
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LOWE'S REPORTS FIRST QUARTER 2024 SALES AND EARNINGS RESULTS
May 21, 2024 6:00 AM EDTComparable Sales Decreased 4.1%; Diluted EPS of $3.06
Affirms Full Year 2024 Outlook
MOORESVILLE, N.C., May 21, 2024 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) today reported net earnings of $1.8 billion and diluted earnings per share (EPS) of $3.06 for the quarter ended May 3, 2024, compared to diluted EPS of $3.77 in the first quarter of 2023, which included a gain associated with the 2022 sale of the Canadian retail business.... More
