earnings
confidence high
sentiment neutral
materiality 0.80
Lowe's Q4 comp sales down 6.2%; diluted EPS $1.77; provides FY2024 outlook
LOWES COMPANIES INC
2023-FY EPS reported
$13.20
revenue$86,377,000,000
- Q4 net earnings $1.0B, diluted EPS $1.77 (vs $1.58 prior year including Canadian sale costs).
- Total sales $18.6B (vs $22.4B); prior period had 53rd week and Canadian retail business.
- Comparable sales -6.2% driven by DIY pullback and winter weather; Pro comp flat.
- FY 2023 diluted EPS $13.20; $8.9B returned to shareholders ($6.3B buybacks, $2.5B dividends).