Stock Analysis on Net

Lowe’s Cos. Inc. (NYSE:LOW)

Analysis of Revenues

Microsoft Excel

Revenues as Reported

Lowe’s Cos. Inc., income statement, revenues

US$ in millions

Microsoft Excel
12 months ended: Feb 2, 2024 Feb 3, 2023 Jan 28, 2022 Jan 29, 2021 Jan 31, 2020 Feb 1, 2019
Home Décor 32,130 36,221 34,025 31,577 25,867 25,261
Building Products 26,894 31,048 31,151 28,175 23,018 22,992
Hardlines 25,020 27,190 28,571 27,802 21,235 20,382
Other 2,333 2,600 2,503 2,043 2,028 2,674
Net sales 86,377 97,059 96,250 89,597 72,148 71,309

Based on: 10-K (reporting date: 2024-02-02), 10-K (reporting date: 2023-02-03), 10-K (reporting date: 2022-01-28), 10-K (reporting date: 2021-01-29), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-02-01).

Item Description The company
Net sales Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Lowe’s Cos. Inc. net sales increased from 2022 to 2023 but then decreased significantly from 2023 to 2024.