earnings
confidence high
sentiment neutral
materiality 0.75
Lowe's Q3 2024 EPS $2.99 ($2.89 adj), revenue $20.2B, comp sales -1.1%
LOWES COMPANIES INC
2024-Q3 EPS reported
$10.22
revenue$65,120,000,000
- Diluted EPS $2.99 (down 2% YoY); adjusted diluted EPS $2.89 excluding $54M gain from Canadian sale.
- Total revenue $20.2B vs $20.5B prior year; comparable sales declined 1.1%, partly offset by storm and Pro.
- Pro comp sales high-single-digit positive; online sales grew 6% with double-digit app traffic increase.
- Updated full-year 2024 outlook provided; guidance details not specified in this release.
- Repurchased ~2.9M shares for $758M; paid $654M in dividends during the quarter.