Lowe's Q4 2022: Adj. EPS $2.28 (+28% YoY), US comp sales -0.7%, provides FY2023 outlook

LOWES COMPANIES INC

2022-FY EPS reported $10.17 revenue$97,059,000,000

Diluted EPS $1.58 (GAAP); adjusted diluted EPS $2.28, up 28% YoY.
Total sales $22.4B (+5.2% YoY, includes 14th week); US comparable sales -0.7%.
Pro sales up 10% in US; Lowes.com sales up 5%.
Returned $2.6B to shareholders in Q4 ($2.0B buybacks, $643M dividends); $16.5B in FY2022.
Provides fiscal 2023 outlook; operating margin improvement highlighted.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

LOWES COMPANIES INC reported financial results for fourth quarter and year ended February 3, 2023.

Period: fourth quarter and year ended February 3, 2023
Result: reported results

Exact text from the filing

On March 1, 2023, Lowe’s Companies, Inc. (the “Company”) issued a press release and related infographic, furnished as Exhibits 99.1 and 99.2, respectively, and incorporated herein by reference, announcing the Company’s financial results for its fourth quarter and year ended February 3, 2023.

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Source: SEC EDGAR

accession 0000060667-23-000016

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