Lowe’s Corporations, Inc. (NYSE: LOW) reported fourth quarter 2022 earnings outcomes at present.
Whole gross sales have been $22.4 billion in comparison with $21.3 billion in the identical interval final 12 months. Comparable gross sales decreased 1.5%.
Internet earnings have been $957 million, or $1.58 per share, in comparison with $1.20 billion, or $1.78 per share, final 12 months. Adjusted EPS was $2.28.
For the total 12 months of 2023, the corporate expects complete gross sales of approx. $88-90 billion.