Benzinga | Aug 18, 2021 06:02AM EDT

Lowe's Sees FY21 Sales ~$92B vs $91.53B Est.

Full Year 2021 Financial Outlook (comparisons to full year 2020)

* Revenue of approximately $92 billion, representing approximately 30% comparable sales growth on a two-year basis.

* Gross margin rate up slightly, compared to prior year.

* Operating income as a percentage of sales (operating margin) of 12.2%.

* Share repurchase of a minimum of $9 billion.