Lowe's Q2 2023 EPS $4.56 vs $4.67 YoY; sales $25.0B, comps -1.6%

LOWES COMPANIES INC

2023-Q2 EPS reported $8.32 revenue$47,304,000,000

Net earnings of $2.7B; diluted EPS $4.56 vs $4.67 in Q2 2022.
Total sales $25.0B; comparable sales decreased 1.6% YoY.
Affirms full-year 2023 outlook on improved Pro and online growth.
Repurchased ~10.1M shares for $2.2B; paid $624M in dividends in quarter.
Awarding over $100M in discretionary and profit-sharing bonuses to front-line associates.

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 0.9

LOWES COMPANIES INC reported second quarter ended August 4, 2023 results: revenue $25.0 billion, net income $2.7 billion, EPS $4.56. Guidance reaffirmed.

Period: second quarter ended August 4, 2023
Revenue: $25.0 billion
Net income: $2.7 billion
EPS: $4.56
Guidance: reaffirmed
Result: reported results

Exact text from the filing

Lowe’s Companies, Inc. (NYSE: LOW) today reported net earnings of $2.7 billion and diluted earnings per share (EPS) of $4.56 for the quarter ended Aug. 4, 2023, compared to diluted EPS of $4.67 in the second quarter of 2022 . Total sales for the quarter were $25.0 billion

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Source: SEC EDGAR

accession 0000060667-23-000135

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