Lowe's Cos. (NYSE:LOW) reported Q1 EPS of $3.51, $0.27 better than the analyst estimate of $3.24. Revenue for the quarter came in at $23.7 billion versus the consensus estimate of $23.8 billion.
- Consolidated Comparable Sales Decreased 4.0%; U.S. Comparable Sales Decreased 3.8%
GUIDANCE:
Lowe's Cos. sees FY2022 EPS of $13.10-$13.60, versus the consensus of $13.38. Lowe's Cos. sees FY2022 revenue of $97-99 billion, versus the consensus of $98.1 billion.