Recent Releases

12/08/03 - Lowe's Announces $1 Billion Share Repurchase Program and Declares Cash Dividend
MOORESVILLE, N.C., Dec. 8 /PRNewswire-FirstCall/ -- The Board of Directors of Lowe's Companies, Inc. (NYSE: LOW) has approved a share repurchase program of up to $1 billion effective immediately. This new program is intended to be implemented through purchases made from time to time either in the open market or through private transactions, in accordance with Securities and Exchange Commission requirements. As of October 31, 2003, Lowe's Companies, Inc. had 786.2 million shares outstanding
11/17/03 - Lowe's Reports Record Earnings for Third Quarter; Third Quarter Net Earnings Increased 33 Percent
Third Quarter Total Sales Increased 24 Percent MOORESVILLE, N.C., Nov. 17 /PRNewswire-FirstCall/ -- Lowe's Companies, Inc. (NYSE: LOW), the world's second largest home improvement retailer, today reported net earnings of $452 million for the quarter ended October 31, 2003, a 33.3 percent increase over the same period a year ago. Diluted earnings per share increased 30.2 percent to $0.56 from $0.43 in the third quarter of 2002. For the nine months ended October 31, 2003, net earnings
11/10/03 - Lowe's Companies, Inc. Invites You to Join Its Third Quarter 2003 Earnings Conference Call on the Web
MOORESVILLE, N.C., Nov. 10 /PRNewswire-FirstCall/ -- In conjunction with Lowe's Companies, Inc. (NYSE: LOW) Third Quarter 2003 earnings press release, you are invited to listen to its conference call that will be broadcast live over the internet on Monday, November 17, 2003 at 9:00 a.m. Eastern Time with: Robert L. Tillman, chairman of the board and chief executive officer; Robert A. Niblock, president, and Robert F. Hull, Jr., senior vice president and chief financial officer, of Lowe's C
09/23/03 - Lowe's Holds 2003 Analyst and Investor Conference
Updates Guidance for Third Quarter and Fiscal 2003 Provides Outlook for 2004 and 2005 CHARLOTTE, N.C., Sept. 23 /PRNewswire-FirstCall/ -- Lowe's Companies, Inc. (NYSE: LOW) will tell analysts and investors today in Charlotte at its annual conference that third quarter sales trends remain strong and the company remains optimistic about its current and future prospects. (Logo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20000720/LOWES )

2003 Financial Releases

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DateTitle 
12/08/03Lowe's Announces $1 Billion Share Repurchase Program and Declares Cash Dividend
MOORESVILLE, N.C., Dec. 8 /PRNewswire-FirstCall/ -- The Board of Directors of Lowe's Companies, Inc. (NYSE: LOW) has approved a share repurchase program of up to $1 billion effective immediately. This new program is intended to be implemented through purchases made from time to time either in the open market or through private transactions, in accordance with Securities and Exchange Commission requirements. As of October 31, 2003, Lowe's Companies, Inc. had 786.2 million shares outstanding... 
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11/17/03Lowe's Reports Record Earnings for Third Quarter; Third Quarter Net Earnings Increased 33 Percent
Third Quarter Total Sales Increased 24 Percent MOORESVILLE, N.C., Nov. 17 /PRNewswire-FirstCall/ -- Lowe's Companies, Inc. (NYSE: LOW), the world's second largest home improvement retailer, today reported net earnings of $452 million for the quarter ended October 31, 2003, a 33.3 percent increase over the same period a year ago. Diluted earnings per share increased 30.2 percent to $0.56 from $0.43 in the third quarter of 2002. For the nine months ended October 31, 2003, net earnings... 
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11/10/03Lowe's Companies, Inc. Invites You to Join Its Third Quarter 2003 Earnings Conference Call on the Web
MOORESVILLE, N.C., Nov. 10 /PRNewswire-FirstCall/ -- In conjunction with Lowe's Companies, Inc. (NYSE: LOW) Third Quarter 2003 earnings press release, you are invited to listen to its conference call that will be broadcast live over the internet on Monday, November 17, 2003 at 9:00 a.m. Eastern Time with: Robert L. Tillman, chairman of the board and chief executive officer; Robert A. Niblock, president, and Robert F. Hull, Jr., senior vice president and chief financial officer, of Lowe's C... 
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09/23/03Lowe's Holds 2003 Analyst and Investor Conference
Updates Guidance for Third Quarter and Fiscal 2003 Provides Outlook for 2004 and 2005 CHARLOTTE, N.C., Sept. 23 /PRNewswire-FirstCall/ -- Lowe's Companies, Inc. (NYSE: LOW) will tell analysts and investors today in Charlotte at its annual conference that third quarter sales trends remain strong and the company remains optimistic about its current and future prospects. (Logo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20000720/LOWES )... 
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09/19/03Lowe's Companies, Inc. Invites You to Listen to Its 2003 Analyst & Investor Conference
WILKESBORO, N.C., Sep 19, 2003 /PRNewswire-FirstCall via COMTEX/ -- You are invited to listen to the Lowe's Companies, Inc. (NYSE: LOW) 2003 Analyst & Investor Conference live webcast on Tuesday, September 23rd beginning at 8:00 a.m. Eastern Time with the senior management of Lowe's Companies. (Logo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20000720/LOWES ) What: Lowe's 2003 Analyst & Investor Conference When: September 23, 2003 ... 
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09/16/03Lowe's Companies, Inc. Increases Cash Dividend 20 Percent
WILKESBORO, N.C., Sept. 16 /PRNewswire-FirstCall/ -- The Board of Directors of Lowe's Companies, Inc. (NYSE: LOW) has declared a quarterly cash dividend of three cents (3 cents) per share, payable October 31, 2003, to shareholders of record as of October 17, 2003. (Logo: http://www.newscom.com/cgi-bin/prnh/20000720/LOWES ) "With the continued growth in Lowe's earnings and the recent changes in the tax law, we believe it's the right time to increase our dividend," commented Ro... 
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08/28/03Lowe's to Webcast Presentation From Goldman Sachs Global Retailing Conference
WILKESBORO, N.C., Aug. 28 /PRNewswire-FirstCall/ -- Lowe's Companies, Inc. (NYSE: LOW) announces Robert L. Tillman, chairman and CEO, and Robert F. Hull, Jr., senior vice president and CFO of Lowe's Companies, Inc., will present at the Goldman Sachs Global Retailing Conference. (Logo: http://www.newscom.com/cgi-bin/prnh/20000720/LOWES ) What: Lowe's Companies, Inc. announces Robert L. Tillman, chairman and CEO, and Robert F. Hull, Jr., senior vice president and CFO... 
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08/18/03Lowe's Reports Record Earnings for Second Quarter
Second Quarter Net Earnings Increased 27.8 Percent Second Quarter Total Sales Increased 17.2 Percent WILKESBORO, N.C., Aug. 18 /PRNewswire-FirstCall/ -- Lowe's Companies, Inc. (NYSE: LOW), the world's second largest home improvement retailer, today reported net earnings of $597 million for the quarter ended August 1, 2003, a 27.8 percent increase over the same period a year ago. Diluted earnings per share increased 27.1 percent to $0.75 from $0.59 i... 
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08/11/03Lowe's Companies, Inc. Invites You to Join Its Second Quarter 2003 Earnings Results Conference Call on the Web
WILKESBORO, N.C., Aug 11, 2003 /PRNewswire-FirstCall via COMTEX/ -- In conjunction with Lowe's Companies, Inc. (NYSE: LOW) Second Quarter 2003 earnings press release, you are invited to listen to its conference call that will be broadcast live over the Internet on Monday, August 18, 2003 at 9:00 a.m. Eastern Time with: Robert L. Tillman, chairman of the board and chief executive officer; Robert A. Niblock, president, and Robert F. Hull, Jr., senior vice president and chief financial office... 
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07/02/03Lowe's to Webcast Presentation From CIBC World Markets Third Annual Consumer Growth Conference
WILKESBORO, N.C., July 2 /PRNewswire-FirstCall/ -- Lowe's Companies, Inc. (NYSE: LOW) announces Robert L. Tillman, chairman and CEO, and Robert F. Hull, Jr., senior vice president and CFO of Lowe's Companies, Inc., will present at the CIBC World Markets Third Annual Consumer Growth Conference. (Logo: http://www.newscom.com/cgi-bin/prnh/20000720/LOWES ) What: Lowe's Companies, Inc. announces Robert L. Tillman, chairman and CEO, and Robert F. Hull, Jr., senior vice p... 
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06/20/03Lowe's to Webcast Presentation From William Blair & Company 23rd Annual Growth Stock Conference
WILKESBORO, N.C., June 20 /PRNewswire-FirstCall/ -- Lowe's Companies, Inc. announces Robert A. Niblock, president and Marshall A. Croom, vice president and treasurer of Lowe's Companies, Inc., (NYSE: LOW) will present at the William Blair & Company 23rd Annual Growth Stock Conference. (Photo: http://www.newscom.com/cgi-bin/prnh/20000720/LOWES ) What: Lowe's Companies, Inc., announces Robert A. Niblock, president and Marshall A. Croom, vice president and tre... 
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06/04/03Lowe's to Webcast Presentation From US Bancorp Piper Jaffray Consumer Conference
WILKESBORO, N.C., June 4 /PRNewswire-FirstCall/ -- Lowe's Companies, Inc. (NYSE: LOW) announces Robert A. Niblock, president, and Marshall A. Croom, vice president and treasurer, of Lowe's Companies, Inc., will present at the US Bancorp Piper Jaffray Consumer Conference. (Logo: http://www.newscom.com/cgi-bin/prnh/20000720/LOWES ) What: Lowe's Companies, Inc. announces Robert A. Niblock, president, and Marshall A. Croom, vice president and treasurer, of Lowe's ... 
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06/02/03Lowe's to Webcast Presentation From Sanford C. Bernstein's Strategic Decisions Conference
WILKESBORO, N.C., Jun 2, 2003 /PRNewswire-FirstCall via COMTEX/ -- Lowe's Companies, Inc. announces Robert L. Tillman, chairman and CEO and Robert F. Hull, Jr., senior vice president and CFO of Lowe's Companies, Inc. (NYSE: LOW), will present at the Sanford C. Bernstein Strategic Decisions Conference. (Logo: http://www.newscom.com/cgi-bin/prnh/20000720/LOWES ) What: Robert L. Tillman, chairman and CEO and Robert F. Hull, Jr., senior vice president and CFO of Lowe... 
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05/30/03Lowe's Holds 2003 Annual Meeting of Shareholders
Company to Open 130 Stores in 2003 and 140 Stores in 2004 Focus on Metropolitan Market Growth Continues Shareholders Re-Elect Three to Board of Directors CHARLOTTE, N.C., May 30 /PRNewswire-FirstCall/ -- At its annual meeting of shareholders, Lowe's Companies, Inc. (NYSE: LOW) today discussed the company's record performance in 2002 and outlined its merchandising and marketing initiatives to help the company "raise the bar" in 2003 a... 
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05/22/03Lowe's to Webcast Annual Meeting of Shareholders
WILKESBORO, N.C., May 22 /PRNewswire-FirstCall/ -- Lowe's Companies, Inc. (NYSE: LOW) invites you to listen as its 2003 Annual Meeting of Shareholders is broadcast live over the Internet Friday, May 30 at 10:00 a.m. EDT. (Logo: http://www.newscom.com/cgi-bin/prnh/20000720/LOWES ) What: Lowe's Annual Meeting of Shareholders When: Friday, May 30, 2003 @ 10:00 a.m. EDT Where: http://www.Lowes.com Go to About Lowe's Investor Information ... 
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05/19/03Lowe's Reports Record Earnings for First Quarter
-- First Quarter Net Earnings Increased 21.7 Percent -- -- First Quarter Total Sales Increased 11.4 Percent -- WILKESBORO, N.C., May 19, 2003 /PRNewswire-FirstCall via COMTEX/ -- Lowe's Companies, Inc. (NYSE: LOW), the world's second largest home improvement retailer, today reported net earnings of $421 million for the quarter ended May 2, 2003, a 21.7 percent increase over the same period a year ago. Diluted earnings per share increased 20.5 percent to $0.53 from $0.44 in the first quarte... 
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05/12/03Lowe's Companies, Inc. Invites You to Join Its First Quarter 2003 Earnings Results Conference Call on the Web
WILKESBORO, N.C., May 12, 2003 /PRNewswire-FirstCall via COMTEX/ -- In conjunction with Lowe's Companies, Inc. (NYSE: LOW) First Quarter 2003 earnings press release, you are invited to listen to its conference call that will be broadcast live over the internet on Monday, May 19, 2003 at 9:00 a.m. Eastern Time with: Robert L. Tillman, chairman of the board and chief executive officer; Robert A. Niblock, president; and Robert F. Hull, Jr. senior vice president and chief financial officer, of... 
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04/04/03Lowe's Companies, Inc. Declares Cash Dividend
WILKESBORO, N.C., April 4 /PRNewswire-FirstCall/ -- The Board of Directors for Lowe's Companies, Inc. (NYSE: LOW) has declared a quarterly cash dividend of two-and-one-half cents (2 1/2c) per share, payable May 2, 2003, to shareholders of record as of April 17, 2003. (Photo: http://www.newscom.com/cgi-bin/prnh/20000720/LOWES ) Lowe's has paid a cash dividend each quarter since going public in 1961. Recently, Lowe's reported net earnings of $1.47 billion for fiscal 2002, ... 
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03/31/03Lowe's to Webcast Presentation From Banc of America Securities 4th Annual Consumer Conference
WILKESBORO, N.C., March 31 /PRNewswire-FirstCall/ -- Lowe's Companies, Inc. (NYSE: LOW) announces Nick Canter, senior vice president, store operations and Marshall Croom, vice president and treasurer of Lowe's Companies, Inc. will present at the Banc of America Securities 4th Annual Consumer Conference. (Photo: http://www.newscom.com/cgi-bin/prnh/20000720/LOWES ) What: Nick Canter, senior vice president, store operations and Marshall Croom, vice president and trea... 
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02/24/03Lowe's Reports Record Earnings for Fourth Quarter and Fiscal Year
WILKESBORO, N.C., Feb 24, 2003 /PRNewswire-FirstCall via Comtex/ -- - Fourth Quarter Net Earnings Increased 46 Percent - - Fourth Quarter Comparable Store Sales Increased 4.1 Percent - - Fiscal 2002 Net Earnings Increased 44 Percent to $1.47 Billion - Lowe's Companies, Inc. (NYSE: LOW), the world's second largest home improvement retailer, today reported net earnings of $319.4 million for the quarter ended January 31, 2003, a 46.2 percent increase over the same period a year ago. Dilute... 
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02/17/03Lowe's Companies, Inc. Invites You to Join Its Fourth Quarter and Fiscal Year End 2002 Earnings Results Conference Call on the Web
WILKESBORO, N.C., Feb 17, 2003 /PRNewswire-FirstCall via COMTEX/ -- In conjunction with Lowe's Companies, Inc. (NYSE: LOW) Fourth Quarter and Fiscal 2002 earnings press release, you are invited to listen to its conference call that will be broadcast live over the internet on Monday, February 24, 2003 at 9:00 a.m. Eastern Time with: Robert L. Tillman, chairman of the board and chief executive officer; Larry D. Stone, executive vice president, operations; and Robert A. Niblock, executive vic... 
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01/02/03Lowe's Reconfirms Fourth Quarter & Fiscal Year Sales and Earnings Guidance
WILKESBORO, N.C., Jan. 2 /PRNewswire-FirstCall/ -- Lowe's Companies, Inc. (NYSE: LOW), the world's second largest home improvement retailer, today reconfirmed sales and earnings expectations for the fiscal fourth quarter and year. "Quarter-to-date comparable store sales are within our previous guidance of 2 to 4 percent," stated Robert A. Niblock, Lowe's executive vice president and CFO. "Based on these trends, we remain comfortable with our previous guidance of... 
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