Lowe's Q2 earnings beat estimates, but revenue and guidance falls short on lower-than-expected DIY sales

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Go back to Lowe's Q2 earnings beat estimates, but revenue and guidance falls short on lower-than-expected DIY sales

LOWE'S REPORTS SECOND QUARTER 2024 SALES AND EARNINGS RESULTS

August 20, 2024 6:00 AM EDT

Diluted EPS of $4.17; Adjusted Diluted EPS1 of $4.10

Comparable Sales Decreased 5.1%

Updates Full Year 2024 Outlook

MOORESVILLE, N.C., Aug. 20, 2024 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) today reported net earnings of $2.4 billion and diluted earnings per share (EPS) of $4.17 for the quarter ended Aug. 2, 2024, compared to diluted EPS of $4.56 in the second quarter of 2023. During the second quarter, the Company... More