Recent Releases

12/11/14 - Lowe's Outlines Strategic Priorities and Long-Term Financial Targets at 2014 Analyst and Investor Conference
-- Company Reiterates Guidance for Fiscal 2014 -- MOORESVILLE, N.C., Dec. 11, 2014 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) meets today with analysts and investors in Mooresville, North Carolina to discuss its strategic priorities and long-term financial targets. Lowe's Enterprise Objectives "We're at a great point in our company's evolution.  The housing market and broader economy are recovering just as our transformation is gaining momentum," commented Robert A. Niblock, L
12/04/14 - Lowe's Companies, Inc. Invites You to Listen to Its 2014 Analyst & Investor Conference Webcast
MOORESVILLE, N.C., Dec. 4, 2014 /PRNewswire/ -- You are invited to listen to the Lowe's Companies, Inc. (NYSE: LOW) 2014 Analyst & Investor Conference Webcast on Thursday, December 11th beginning at 10:00 a.m. Eastern Time.   What:     Lowe's 2014 Analyst & Investor Conference When:     10:00 a.m. Eastern Time on Thursday, December 11th, 2014 Where:     Visit Lowe's Investor Relations website
11/19/14 - Lowe's Reports Third Quarter Sales And Earnings Results
-- Comparable Sales Increased 5.1 Percent -- -- Diluted Earnings Per Share Increased 25.5 Percent -- MOORESVILLE, N.C., Nov. 19, 2014 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) today reported net earnings of $585 million for the quarter ended October 31, 2014, a 17.3 percent increase over the same period a year ago. Diluted earnings per share increased 25.5 percent to $0.59 from $0.47 in the third quarter of 2013. For the nine months ended October 31, 2014, net earnings increa
11/18/14 - Lowe's Names McCanless General Counsel, Secretary And Chief Compliance Officer
-Gaither M. Keener Announces Plans to Retire after 30 Years of Service MOORESVILLE, N.C., Nov. 18, 2014 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) announced today that Ross W. (Bill) McCanless will be joining the company as general counsel, secretary and chief compliance officer, effective January 12, 2015. McCanless will replace Gaither M. Keener, who announced plans to retire from the company following 30 years of service. McCanless is returning to Lowe's top legal role,
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Biography

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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.