LOWE'S REPORTS FIRST QUARTER 2026 SALES AND EARNINGS RESULTS

<p xmlns="http://www.w3.org/1999/xhtml" class="prntac"><b xmlns="http://www.w3.org/1999/xhtml">— Diluted EPS of $2.90; Adjusted Diluted EPS</b><b xmlns="http://www.w3.org/1999/xhtml"><sup xmlns="http://www.w3.org/1999/xhtml">1</sup></b><b xmlns="http://www.w3.org/1999/xhtml"> of $3.03 —<br xmlns="http://www.w3.org/1999/xhtml" /></b><b xmlns="http://www.w3.org/1999/xhtml">— Comparable Sales increased 0.6% — <br xmlns="http://www.w3.org/1999/xhtml" /></b><b xmlns="http://www.w3.org/1999/xhtml">— Affirms Full Year 2026 Outlook —</b></p> <p xmlns="http://www.w3.org/1999/xhtml" id="temp_ReleaseStart"><span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">MOORESVILLE, N.C.</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">May 20, 2026</span> /PRNewswire/ -- Lowe's Companies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/LOW" rel="nofollow">LOW</a>) today reported net earnings of $1.6 billion and diluted earnings per share (EPS) of $2.90 for the quarter ended May 1, 2026, compared to diluted EPS of $2.92 in the first quarter of 2025. During the first quarter, the company recognized $96 million in pre-tax expenses associated with the acquisitions of Foundation Building Materials (FBM) and Artisan Design Group (ADG). Excluding these expenses, first quarter 2026 adjusted diluted EPS<sup xmlns="http://www.w3.org/1999/xhtml">1</sup> increased 3.8% to $3.03 compared to the prior-year diluted EPS.</p> <div xmlns="http://www.w3.org/1999/xhtml" class="P