Recent Releases

08/20/14 - Lowe's Reports Second Quarter Sales and Earnings Results
-- Comparable Sales Increased 4.4 Percent -- -- Diluted Earnings Per Share Increased 18.2 Percent -- MOORESVILLE, N.C., Aug. 20, 2014 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) today reported net earnings of $1.04 billion for the quarter ended August 1, 2014, a 10.4 percent increase over the same period a year ago. Diluted earnings per share increased 18.2 percent to $1.04 from $0.88 in the second quarter of 2013. For the six months ended August 1, 2014, net earnings increased 12.2
08/13/14 - Lowe's Companies, Inc. Invites You to Join Its Second Quarter 2014 Earnings Conference Call Webcast
MOORESVILLE, N.C., Aug. 13, 2014 /PRNewswire/ -- In conjunction with the Lowe's Companies, Inc. (NYSE: LOW) second quarter 2014 earnings press release, you are invited to listen to its conference call to be broadcast live over the internet on Wednesday, August 20, 2014 at 9:00 a.m. Eastern Time with: Robert A. Niblock, chairman, president and chief executive officer; Rick D. Damron, chief operating officer; and Robert F. Hull, Jr., chief financial officer.  Supplemental slides will be available
06/17/14 - Lowe's to Webcast Presentation from the Oppenheimer 14th Annual Consumer Conference
MOORESVILLE, N.C., June 17, 2014 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) announces that Robert F. Hull, Jr., chief financial officer, and Michael A. Jones, chief customer officer, will present at the Oppenheimer 14th Annual Consumer Conference in Boston, MA. Logo - What: Presentation by Bob Hull and Mike Jones at the Oppenheimer 14th Annual Consumer Conference in Boston, MA  
06/09/14 - Lowe's Names Paul D. Ramsay Chief Information Officer
MOORESVILLE, N.C., June 9, 2014 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) announced today that Paul D. Ramsay has been promoted to chief information officer (CIO), effective immediately.  He has been serving as acting CIO since March.  Ramsay will report to Richard D. Maltsbarger, who has been appointed chief development officer.  Maltsbarger has responsibility for IT, Strategy, Consumer Insights, and Business Development and is President of Orchard Supply Hardware. As CIO, Ramsay
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Richard D. Maltsbarger
Chief Development Officer

Richard Maltsbarger was named chief development officer in 2014 and is responsible for IT, Strategy, Consumer Insights, and Business Development.

Since 2013, he has also held the additional role of President of Orchard Supply Hardware, a west coast chain of neighborhood hardware and backyard stores which Lowe’s acquired in August 2013. Orchard operates as a separate, standalone business of Lowe’s, retaining its brand and its San Jose headquarters. Maltsbarger led the Lowe’s team to acquire Orchard from bankruptcy.

Previously, Maltsbarger served as business development executive since 2012 where he led the strategic planning and realization function, research and consumer insights, as well as the company’s innovation center.  Over the past several years, he and his team have worked to expand Lowe’s portfolio of businesses. Maltsbarger joined Lowe’s in 2004 as director of consumer analytics and, during his tenure, served as senior vice president of strategy, vice president of strategic planning and vice president of research.  Prior to Lowe’s, Maltsbarger served as a senior retail strategy consultant with IBM, advising firms in the retail, hospitality and distribution industries.

Maltsbarger earned his bachelor’s and master’s degrees in agricultural economics from the University of Missouri and an M.B.A. from Washington University in St. Louis.