LOWES COS   FYE=1 (January)

Annual - Income Statement - Company Specific

Fiscal period	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Period End Date	1/31/2025	1/31/2024	1/31/2023	1/31/2022	1/31/2021	1/31/2020	1/31/2019	1/31/2018	1/31/2017	1/31/2016
Net Sales	83,674.00	86,377.00	97,059.00	96,250.00	89,597.00	72,148.00	71,309.00	68,619.00	65,017.00	59,074.00
Total Revenues	83,674.00	86,377.00	97,059.00	96,250.00	89,597.00	72,148.00	71,309.00	68,619.00	65,017.00	59,074.00
Cost of sales	55,797.00	57,533.00	64,802.00	64,194.00	60,025.00	49,205.00	48,401.00	45,210.00	42,553.00	38,504.00
Gross Profit	27,877.00	28,844.00	32,257.00	32,056.00	29,572.00	22,943.00	22,908.00	23,409.00	22,464.00	20,570.00
Depreciation	--	--	--	--	--	--	1,477.00	1,447.00	1,489.00	1,484.00
Depreciation and amortization	1,729.00	1,717.00	1,766.00	1,662.00	1,399.00	1,262.00	--	--	--	--
Interest	--	--	--	--	--	--	--	--	--	552.00
Selling, general and administrative	15,682.00	15,570.00	20,332.00	18,301.00	18,526.00	15,367.00	17,413.00	15,376.00	15,129.00	14,115.00
Store opening costs	--	--	--	--	--	--	--	--	--	--
Total Operating Expenses	--	--	--	--	--	--	--	--	--	16,151.00
Operating income	10,466.00	11,557.00	10,159.00	12,093.00	9,647.00	6,314.00	4,018.00	6,586.00	5,846.00	--
Interest - net	1,313.00	1,382.00	1,123.00	885.00	848.00	691.00	624.00	633.00	645.00	--
Loss on extinguishment of debt	--	--	--	--	(1,060.00)	--	--	(464.00)	--	--
Pre-tax earnings	9,153.00	10,175.00	9,036.00	11,208.00	7,739.00	5,623.00	3,394.00	5,489.00	5,201.00	4,419.00
Current: Federal	1,764.00	1,955.00	2,226.00	2,069.00	1,578.00	935.00	963.00	1,734.00	1,824.00	1,688.00
Current: State	424.00	489.00	561.00	557.00	425.00	268.00	274.00	252.00	275.00	248.00
Income tax (benefit) provision	2,196.00	2,449.00	2,599.00	2,766.00	1,904.00	1,342.00	1,080.00	2,042.00	2,108.00	1,873.00
Deferred: Federal	--	3.00	(179.00)	129.00	(73.00)	121.00	(102.00)	60.00	6.00	(59.00)
Deferred: State	8.00	2.00	(9.00)	11.00	(26.00)	18.00	(55.00)	(4.00)	3.00	(4.00)
Income (loss) from Continuing Operations	--	--	--	--	--	4,281.00	--	--	--	--
Earnings from discontinued operations, net of tax	--	--	--	--	--	--	--	--	--	--
Net Earnings	6,957.00	7,726.00	--	--	--	--	2,314.00	3,447.00	3,093.00	--
Premium paid to acquire noncontrolling interest	--	--	--	--	--	--	--	--	18.00	--
Net earnings	6,957.00	7,726.00	6,437.00	8,442.00	5,835.00	4,281.00	2,314.00	3,447.00	--	2,546.00
Net earnings allocable to participating securities	17.00	20.00	21.00	33.00	24.00	13.00	7.00	11.00	11.00	12.00
Net earnings allocable to common shares	6,940.00	7,706.00	6,416.00	8,409.00	5,811.00	4,268.00	2,307.00	3,436.00	3,064.00	2,534.00
Basic:Continuing operations	--	--	--	--	--	--	--	--	--	--
Basic:Discontinued operations	--	--	--	--	--	--	--	--	--	--
Basic Earnings Per Share	12.25	13.23	10.20	12.07	7.77	5.49	2.84	4.09	3.48	2.73
Diluted:Continuing operations	--	--	--	--	--	--	--	--	--	--
Diluted:Discontinued operations	--	--	--	--	--	--	--	--	--	--
Diluted Earnings Per Share	12.23	13.20	10.17	12.04	7.75	5.49	2.84	4.09	3.47	2.73
Weighted average shares outstanding - Basic	567.00	582.00	629.00	696.00	748.00	777.00	811.00	839.00	880.00	927.00
Weighted average shares outstanding - Diluted	568.00	584.00	631.00	699.00	750.00	778.00	812.00	840.00	881.00	929.00