Recent Releases

04/11/16 - Lowe's Prices $3.3 Billion Notes Offering
MOORESVILLE, N.C., April 11, 2016 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) announced today it has agreed to sell $250 million of Floating Rate Notes due 2019, $350 million of 1.15% Notes due 2019, $1.35 billion of 2.50% Notes due 2026 and $1.35 billion of 3.70% Notes due 2046. Estimated net proceeds from this offering will be approximately $3.26 billion, after deducting offering expenses and underwriters' discounts. Lowe's plans to use the net proceeds from the sale of the Notes to fun
03/18/16 - Lowe's Companies, Inc. Declares Cash Dividend
MOORESVILLE, N.C., March 18, 2016 /PRNewswire/ -- The Board of Directors for Lowe's Companies, Inc. (NYSE: LOW) has declared a quarterly cash dividend of twenty eight cents ($0.28) per share, payable May 4, 2016, to shareholders of record as of April 20, 2016. Lowe's Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving more than 16 million customers a week in the United States, Canada and Mexico through its stores and online at Lowes.com, Lowes.ca and Lowes.com.mx.
03/08/16 - Lowe's to Webcast Presentation from the UBS Global Consumer Conference
MOORESVILLE, N.C., March 8, 2016 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) announces that Robert A. Niblock, chairman, president and chief executive officer, and Robert F. Hull, Jr., chief financial officer will present at the UBS Global Consumer Conference in Boston, MA.   What: Presentation by Robert Niblock and Bob Hull at the UBS Global Consumer Conference in Boston, MA When: 10:30 a.m. Eastern Time on Thursday, March
02/24/16 - Lowe's Reports Fourth Quarter Sales and Earnings Results
-- Comparable Sales Increased 5.2 Percent for the Fourth Quarter -- -- Adjusted Diluted Earnings Per Share(1) of $0.59 for the Fourth Quarter Increased 28.3% -- -- Adjusted Diluted Earnings Per Share(1) of $3.29 for the Fiscal Year Increased 21.4% -- MOORESVILLE, N.C., Feb. 24, 2016 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) today reported net earnings of $11 million and diluted earnings share of $0.01 for the quarter ended January 29, 2016, which includes a non-cash impairment
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Biography

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Richard D. Maltsbarger
Chief Development Officer and President of International

Richard Maltsbarger was named chief development officer in 2014 and president of international in 2015. He is responsible for Corporate Strategy and Business Development, as well as International Operations and Development.

From 2013 to 2015, he served as president of Orchard Supply Hardware, a west coast chain of neighborhood hardware and backyard stores that Lowe’s acquired in August 2013.

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. 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.

He currently serves on the board of directors of Masters, Lowe’s joint venture with Woolworths in Australia. 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.