Lowe's Cos. (NYSE:LOW) reported Q4 EPS of $2.28, $0.07 better than the analyst estimate of $2.21. Revenue for the quarter came in at $22.4 billion versus the consensus estimate of $22.73 billion. U.S. Comparable Sales Decreased 0.7%.
GUIDANCE:
Lowe's Cos. sees FY2024 EPS of $13.60-$14.00, versus the consensus of $13.79. Lowe's Cos. sees FY2024 revenue of $88-90 billion, versus the consensus of $90.48 billion. Comparable sales expected to be flat to down -2% as compared to prior year.