LOWES COS   FYE=1 (January)

Annual - Income Statement - Company Specific

Fiscal period	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Period End Date	1/31/2021	1/31/2020	1/31/2019	1/31/2018	1/31/2017	1/31/2016	1/31/2015	1/31/2014	1/31/2013	1/31/2012
Net Sales	89,597.00	72,148.00	71,309.00	68,619.00	65,017.00	59,074.00	56,223.00	53,417.00	50,521.00	50,208.00
Total Revenues	89,597.00	72,148.00	71,309.00	68,619.00	65,017.00	59,074.00	56,223.00	53,417.00	50,521.00	50,208.00
Cost of sales	60,025.00	49,205.00	48,401.00	46,185.00	43,343.00	38,504.00	36,665.00	34,941.00	33,194.00	32,858.00
Gross Profit	29,572.00	22,943.00	22,908.00	22,434.00	21,674.00	20,570.00	19,558.00	18,476.00	17,327.00	17,350.00
Depreciation	--	--	--	--	1,453.00	1,494.00	1,494.00	1,462.00	1,523.00	1,480.00
Depreciation and amortization	1,399.00	1,262.00	1,477.00	1,404.00	--	--	--	--	--	--
Interest	--	--	--	--	--	--	--	476.00	423.00	371.00
Selling, general and administrative	18,526.00	15,367.00	17,413.00	14,444.00	14,375.00	14,105.00	13,272.00	12,865.00	12,244.00	12,593.00
Nonrecurring Merger Costs	--	--	--	--	--	--	--	--	--	--
Store opening costs	--	--	--	--	--	--	--	--	--	--
Total Operating Expenses	--	--	--	--	--	--	--	14,803.00	14,190.00	14,444.00
Operating income	9,647.00	6,314.00	4,018.00	6,586.00	5,846.00	4,971.00	4,792.00	--	--	--
Interest - net	848.00	691.00	624.00	633.00	645.00	552.00	516.00	--	--	--
Loss on extinguishment of debt	(1,060.00)	--	--	(464.00)	--	--	--	--	--	--
Pre-tax earnings	7,739.00	5,623.00	3,394.00	5,489.00	5,201.00	4,419.00	4,276.00	3,673.00	3,137.00	2,906.00
Current: Federal	1,578.00	935.00	963.00	1,734.00	1,824.00	1,688.00	1,475.00	1,342.00	1,162.00	891.00
Current: State	425.00	268.00	274.00	252.00	275.00	248.00	221.00	203.00	155.00	124.00
Income tax (benefit) provision	1,904.00	1,342.00	1,080.00	2,042.00	2,108.00	1,873.00	1,578.00	1,387.00	1,178.00	1,067.00
Deferred: Federal	(73.00)	121.00	(102.00)	60.00	6.00	(59.00)	(112.00)	(133.00)	(133.00)	50.00
Deferred: State	(26.00)	18.00	(55.00)	(4.00)	3.00	(4.00)	(6.00)	(25.00)	(6.00)	2.00
Income (loss) from Continuing Operations	--	--	--	3,447.00	--	--	--	--	--	--
Earnings from discontinued operations, net of tax	--	--	--	--	--	--	--	--	--	--
Net Earnings	--	--	--	--	3,093.00	2,546.00	2,698.00	--	--	--
Premium paid to acquire noncontrolling interest	--	--	--	--	18.00	--	--	--	--	--
Net earnings	5,835.00	4,281.00	2,314.00	3,447.00	3,075.00	2,546.00	--	2,286.00	1,959.00	1,839.00
Net earnings allocable to participating securities	24.00	13.00	7.00	11.00	11.00	12.00	16.00	16.00	14.00	15.00
Net earnings allocable to common shares	5,811.00	4,268.00	2,307.00	3,436.00	3,064.00	2,534.00	2,682.00	2,270.00	1,945.00	1,824.00
Basic:Continuing operations	--	--	--	--	--	--	--	--	--	--
Basic:Discontinued operations	--	--	--	--	--	--	--	--	--	--
Basic Earnings Per Share	7.77	5.49	2.84	4.09	3.48	2.73	2.71	2.14	1.69	1.43
Diluted:Continuing operations	--	--	--	--	--	--	--	--	--	--
Diluted:Discontinued operations	--	--	--	--	--	--	--	--	--	--
Diluted Earnings Per Share	7.75	5.49	2.84	4.09	3.47	2.73	2.71	2.14	1.69	1.43
Weighted average shares outstanding - Basic	748.00	777.00	811.00	839.00	880.00	927.00	988.00	1,059.00	1,150.00	1,271.00
Weighted average shares outstanding - Diluted	750.00	778.00	812.00	840.00	881.00	929.00	990.00	1,061.00	1,152.00	1,273.00