Lowe's Q1 adjusted earnings per share at $3.03, market estimate was $2.96

Net sales for the first quarter were $23.08 billion, a year-on-year increase of 10%, with an estimate of $22.98 billion. Same-store sales in the first quarter grew by 0.6%, with an estimated growth of 0.67%. The full-year adjusted operating profit margin is still forecasted to be between 11.6% and 11.8%. The full-year operating profit margin is still forecasted to be between 11.2% and 11.4%.