earnings
confidence high
sentiment positive
materiality 0.85
Lowe's Q4 EPS $1.78 beats adj. $1.33; revenue $21.3B; raises FY2022 outlook
LOWES COMPANIES INC
2021-FY EPS reported
$12.04
revenue$96,250,000,000
- Q4 diluted EPS $1.78 ($1.2B net) vs $1.32 LY; adjusted EPS up 34% to $1.78.
- Revenue $21.3B, comp sales +5.0%; U.S. comp sales +5.1% (two-year +35.2%).
- Pro customer sales +23%; gross margin 32.93% (+115 bps); operating margin 8.67% (+117 bps).
- Returned $4.5B to shareholders in Q4 ($4.0B buybacks, $551M dividends); FY21 total $15.1B.
- Raised fiscal 2022 outlook; $265M year-end discretionary bonus awarded to front-line associates.