Recent Releases

03/20/15 - Lowe's Companies, Inc. Announces New $5 Billion Share Repurchase Program And Declares Cash Dividend
MOORESVILLE, N.C., March 20, 2015 /PRNewswire/ -- Reflecting its commitment to return excess cash to shareholders, the Board of Directors for Lowe's Companies, Inc. (NYSE: LOW) has authorized a new repurchase program of $5 billion of the company's common stock.  This new repurchase program has no expiration date and adds to the previous program's balance, which was $2.4 billion as of January 30, 2015.  Repurchases will be subject to market conditions and will be made from time to time either in
02/25/15 - Lowe's Reports Fourth Quarter Sales And Earnings Results
-- Comparable Sales Increased 7.3 Percent -- -- Diluted Earnings Per Share Increased 58.6 Percent to a Record $0.46 -- MOORESVILLE, N.C., Feb. 25, 2015 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) today reported net earnings of $450 million for the quarter ended January 30, 2015, a 47.0 percent increase over the same period a year ago. Diluted earnings per share increased 58.6 percent to $0.46 from $0.29 in the fourth quarter of 2013. For the fiscal year ended January 30, 2015, net e
02/18/15 - Lowe's Companies, Inc. Invites You to Join Its Fourth Quarter 2014 Earnings Conference Call Webcast
MOORESVILLE, N.C., Feb. 18, 2015 /PRNewswire/ -- In conjunction with the Lowe's Companies, Inc. (NYSE: LOW) fourth quarter 2014 earnings press release, you are invited to listen to its conference call to be broadcast live over the internet on Wednesday, February 25, 2015 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 availabl
01/30/15 - Lowe's Names James H. Morgan To Board Of Directors
MOORESVILLE, N.C., Jan. 30, 2015 /PRNewswire/ -- Today, the board of directors for Lowe's Companies, Inc. announced it has appointed James H. Morgan, 67, to the company's board, effective immediately. Today's announcement brings Lowe's board of directors to 12 members, 11 of whom are independent. Morgan is chairman of Krispy Kreme, having served as the company's CEO from 2008 to 2014, on its board of directors since 2000, and as its chairman since 2005. He has extensive experience in the fi
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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.