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Lowe's Reports Fourth Quarter 2020 Sales And Earnings Results


Lowe s Reports Fourth Quarter 2020 Sales And Earnings Results
U.S. Comparable Sales Increased 28.6%
Fourth Quarter Diluted EPS of $1.32; Adjusted Diluted EPS of $1.33(1)
Fiscal 2020 Diluted EPS of $7.75; Adjusted Diluted EPS of $8.86(1)
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MOORESVILLE, N.C., Feb. 24, 2021 /PRNewswire/  Lowe s Companies, Inc. (NYSE: LOW) today reported net earnings of $978 million and diluted earnings per share (EPS) of $1.32 for the quarter ended January 29, 2021 compared to net earnings of $509 million and diluted EPS of $0.66 in the fourth quarter of 2019.  Excluding charges in both periods related to the strategic review of certain operations, fourth quarter adjusted diluted EPS increased 41.5 percent to $1.33 from adjusted diluted EPS of $0.94 in the fourth quarter of 2019 ....

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