---
schema_version: "secwatch.filing_event.v1"
accession: "0000060667-22-000075"
form_type: "8-K"
ticker: "LOW"
cik: "0000060667"
company_name: "LOWES COMPANIES INC"
filed_at: "2022-05-18T23:59:59+00:00"
generated_at: "2026-06-25T10:32:42.299547+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Lowe's Q1 EPS $3.51 beats $3.21; sales $23.7B down 4%; affirms FY guidance

## Summary
- Net earnings $2.3B, diluted EPS $3.51 (up 9.3% from $3.21); total sales $23.7B vs $24.4B.
- Consolidated comparable sales -4.0%; U.S. comp -3.8% (two-year stack +19.7%). Pro customer sales +20%.
- Operating margin 13.96% (+67 bps); gross margin 34.03% (+74 bps).
- Affirms FY2022 outlook: sales $97-99B, comp sales -1% to +1%, diluted EPS $13.10-13.60.
- Repurchased 19M shares for $4.1B, paid $537M dividends; store count 1,971.

## SEC filing metadata
- accession: 0000060667-22-000075
- form_type: 8-K
- ticker: LOW
- cik: 0000060667
- company_name: LOWES COMPANIES INC
- filed_at: 2022-05-18T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/60667/000006066722000075/0000060667-22-000075-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/60667/000006066722000075/low-20220518.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000060667-22-000075
- JSON: https://secwatch.observer/filing/0000060667-22-000075.json
- Plain text: https://secwatch.observer/filing/0000060667-22-000075.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.