Lowe’s reports Q4 adjusted EPS $2.28, consensus $2.21

Reports Q4 revenue $22.45B, consensus $22.69B. "We continue to make strides on our Total Home strategy, with 10% Pro growth in the U.S. and 5% increase in Lowes.com sales. In recognition of the front-line leaders and associates who delivered these results, we are pleased to award $220 million in discretionary and profit-sharing bonuses," commented Marvin Ellison, Lowe’s chairman, president and CEO. "I am confident we are making the right investments – in our associates and in our business – to drive long-term growth. We also continue to improve operating margin, demonstrating our ongoing focus on driving productivity across the company."