Recent Releases

12/19/17 - Vikram Singh To Join Lowe's As Chief Digital Officer
New role will champion company's holistic digital experience to simplify shopping for home improvement customers MOORESVILLE, N.C., Dec. 19, 2017 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) announced today Vikram Singh has been named the company's senior vice president, chief digital officer, effective Jan. 4, 2018. The newly created role will report to Michael P. McDermott, chief customer officer, and will further accelerate Lowe's digital evolution and drive a holistic integrated str
12/06/17 - Lowe's Names Sylvain Prud'homme President, International
Prud'homme also retains role as President and CEO of Lowe's Canada MOORESVILLE, NC, Dec. 6, 2017 /CNW/ - Lowe's Companies, Inc. (NYSE: LOW) today announced that Sylvain Prud'homme has been appointed president, international, effective Dec. 15. He will report to Chairman, President & CEO Robert A. Niblock and will remain based in Boucherville, Quebec. Prud'homme will continue to serve as president and CEO of Lowe's Canada and add responsibilities for the Mexico business, wit
11/21/17 - Lowe's Reports Third Quarter Sales and Earnings Results
-- Comparable Sales Increased 5.7 Percent for the Third Quarter -- -- Diluted Earnings Per Share of $1.05 -- MOORESVILLE, N.C., Nov. 21, 2017 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) today reported net earnings of $872 million and diluted earnings per share of $1.05 for the quarter ended Nov. 3, 2017, compared to net earnings of $379 million and diluted earnings per share of $0.43 in the third quarter of 2016.  Diluted earnings per share increased 19.3 percent from adjusted dilut
11/21/17 - Lowe's Appoints Richard D. Maltsbarger Chief Operating Officer
-Rick D. Damron to retire in February 2018 after 36 years with Lowe's- MOORESVILLE, N.C., Nov. 21, 2017 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) announced today that Richard D. Maltsbarger, Lowe's chief development officer and president, international, has been appointed chief operating officer, effective Feb. 3, 2018, and will continue to report to Robert A. Niblock, chairman, president and CEO. Maltsbarger succeeds Rick D. Damron who plans to retire after 36 years with the company
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12/19/17Vikram Singh To Join Lowe's As Chief Digital Officer
New role will champion company's holistic digital experience to simplify shopping for home improvement customers MOORESVILLE, N.C., Dec. 19, 2017 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) announced today Vikram Singh has been named the company's senior vice president, chief digital officer, effective Jan. 4, 2018. The newly created role will report to Michael P. McDermott, chief customer officer, and will further accelerate Lowe's digital evolution and drive a holistic integrated str... 
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12/06/17Lowe's Names Sylvain Prud'homme President, International
Prud'homme also retains role as President and CEO of Lowe's Canada MOORESVILLE, NC, Dec. 6, 2017 /CNW/ - Lowe's Companies, Inc. (NYSE: LOW) today announced that Sylvain Prud'homme has been appointed president, international, effective Dec. 15. He will report to Chairman, President & CEO Robert A. Niblock and will remain based in Boucherville, Quebec. Prud'homme will continue to serve as president and CEO of Lowe's Canada and add responsibilities for the Mexico business, wit... 
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11/21/17Lowe's Reports Third Quarter Sales and Earnings Results
-- Comparable Sales Increased 5.7 Percent for the Third Quarter -- -- Diluted Earnings Per Share of $1.05 -- MOORESVILLE, N.C., Nov. 21, 2017 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) today reported net earnings of $872 million and diluted earnings per share of $1.05 for the quarter ended Nov. 3, 2017, compared to net earnings of $379 million and diluted earnings per share of $0.43 in the third quarter of 2016.  Diluted earnings per share increased 19.3 percent from adjusted dilut... 
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11/21/17Lowe's Appoints Richard D. Maltsbarger Chief Operating Officer
-Rick D. Damron to retire in February 2018 after 36 years with Lowe's- MOORESVILLE, N.C., Nov. 21, 2017 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) announced today that Richard D. Maltsbarger, Lowe's chief development officer and president, international, has been appointed chief operating officer, effective Feb. 3, 2018, and will continue to report to Robert A. Niblock, chairman, president and CEO. Maltsbarger succeeds Rick D. Damron who plans to retire after 36 years with the company... 
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11/14/17Lowe's Companies, Inc. Invites You to Join Its Third Quarter 2017 Earnings Conference Call Webcast
MOORESVILLE, N.C., Nov. 14, 2017 /PRNewswire/ -- In conjunction with the Lowe's Companies, Inc. (NYSE: LOW) third quarter 2017 earnings press release, you are invited to listen to its conference call to be broadcast live over the internet on Tuesday, November 21, 2017 at 9:00 a.m. Eastern Time with: Robert A. Niblock, chairman, president and chief executive officer; Rick D. Damron, chief operating officer; and Marshall A. Croom, chief financial officer.  Supplemental slides will be ava... 
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11/10/17Lowe's Companies, Inc. Declares Cash Dividend
MOORESVILLE, N.C., Nov. 10, 2017 /PRNewswire/ -- The Board of Directors for Lowe's Companies, Inc. (NYSE: LOW) has declared a quarterly cash dividend of forty-one cents ($0.41) per share, payable February 7, 2018, to shareholders of record as of January 24, 2018. Lowe's Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving more than 17 million customers a week in the United States, Canada and Mexico. With fiscal year 2016 sales of $65... 
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09/13/17Michael West To Join Lowe's As SVP, Supply Chain Field Operations
West Brings More Than 20 Years of Retail Supply Chain Experience MOORESVILLE, N.C., Sept. 13, 2017  /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) today announced that Michael West will join Lowe's as senior vice president of supply chain field operations, effective Sept. 25.  He will report to Chief Supply Chain Officer Brent G. Kirby. West will lead operations for Lowe's regional and flatbed distribution centers, millwork facilities and bulk distrib... 
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08/30/17Lowe's to Webcast Presentation from the Goldman Sachs 24th Annual Global Retailing Conference
MOORESVILLE, N.C., Aug. 30, 2017 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) announces that Robert A. Niblock, chairman, president, and chief executive officer, Richard D. Maltsbarger, chief development officer & president of international, and Marshall A. Croom, chief financial officer, will present at the Goldman Sachs 24th Annual Global Retailing Conference in New York, NY.   What:   Presentation by Robert Niblock, Richard ... 
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08/23/17Lowe's Reports Second Quarter Sales And Earnings Results
-- Diluted Earnings Per Share of $1.68 -- -- Adjusted Diluted Earnings Per Share(1) of $1.57 -- MOORESVILLE, N.C., Aug. 23, 2017 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) today reported net earnings of $1.4 billion and diluted earnings per share of $1.68 for the quarter ended August 4, 2017, compared to net earnings of $1.2 billion and diluted earnings per share of $1.31 in the second quarter of 2016. The second quarter results included a $96 ... 
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08/18/17Lowe's Companies, Inc. Declares Cash Dividend
MOORESVILLE, N.C., Aug. 18, 2017 /PRNewswire/ -- The Board of Directors for Lowe's Companies, Inc. (NYSE: LOW) has declared a quarterly cash dividend of forty-one cents ($0.41) per share, payable November 8, 2017, to shareholders of record as of October 25, 2017. Lowe's Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving more than 17 million customers a week in the United States, Canada and Mexico. With fiscal year 2016 sales of $65... 
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08/16/17Lowe's Companies, Inc. Invites You to Join Its Second Quarter 2017 Earnings Conference Call Webcast
MOORESVILLE, N.C., Aug. 16, 2017 /PRNewswire/ -- In conjunction with the Lowe's Companies, Inc. (NYSE: LOW) second quarter 2017 earnings press release, you are invited to listen to its conference call to be broadcast live over the internet on Wednesday, August 23, 2017 at 9:00 a.m. Eastern Time with: Robert A. Niblock, chairman, president and chief executive officer; Rick D. Damron, chief operating officer; and Marshall A. Croom, chief financial officer.  Supplemental slides will be available fi... 
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06/26/17Lowe's Completes Acquisition of Maintenance Supply Headquarters
Acquisition of leading MRO distributor serving the multifamily housing industry further expands Lowe's product and service offerings for Pro customers MOORESVILLE, N.C., June 26, 2017 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) today announced it has completed its $512 million acquisition of Maintenance Supply Headquarters, a leading distributor of maintenance, repair and operations (MRO) products serving the multifamily housing industry. ... 
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06/02/17Lowe's Holds Annual Meeting Of Shareholders
Board of Directors Declares 17% Percent Increase in Quarterly Cash Dividend CHARLOTTE, N.C., June 2, 2017 /PRNewswire/ -- At its annual meeting of shareholders today, Lowe's Companies, Inc. (NYSE: LOW) Chairman, President and CEO Robert A. Niblock informed shareholders that strategic investments focused on long-term growth and a commitment to improving the customer experience enabled the company to deliver strong financial performance in 2016. N... 
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06/01/17Lowe's to Webcast Presentation from the Baird 2017 Global Consumer, Technology & Services Conference
MOORESVILLE, N.C., June 1, 2017 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) announces that Robert A. Niblock, chairman, president, and chief executive officer, and Michael P. McDermott, chief customer officer, will present at the Baird 2017 Global Consumer, Technology & Services Conference in New York, NY. What:   Presentation by Robert Niblock and Michael McDermott at the Baird 2017 Global Consumer, Technology & Services Conference in New York, NY   ... 
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05/26/17Lowe's to Webcast Annual Meeting of Shareholders
MOORESVILLE, N.C., May 26, 2017 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) invites you to listen to a live webcast of its 2017 Annual Meeting of Shareholders at 10:00 a.m. Eastern Time on Friday, June 2, 2017. What: Lowe's Annual Meeting of Shareholders When: 10:00 a.m. Eastern Time on Friday, June 2, 2017 Where: Visit Lowe's Investor Relations website at http://www.Lowes.com/investor ... 
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05/24/17Lowe's Reports First Quarter Sales And Earnings Results
-- Diluted Earnings Per Share of $0.70 -- -- Adjusted Diluted Earnings Per Share(1) of $1.03 -- -- Reaffirms Operating Outlook for Fiscal 2017 -- MOORESVILLE, N.C., May 24, 2017 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) today reported net earnings of $602 million and diluted earnings per share of $0.70 for the quarter ended May 5, 2017, compared to net earnings of $884 million and diluted earnings per share of $0.98 in the first quarter of 2016.  ... 
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05/18/17Lowe's Announces Agreement To Acquire Maintenance Supply Headquarters
Acquisition of leading MRO distributor serving the multifamily housing industry further expands Lowe's product and service offerings for Pro customers MOORESVILLE, N.C., May 18, 2017 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) today announced it has entered into a definitive agreement to acquire Maintenance Supply Headquarters, a leading distributor of maintenance, repair and operations (MRO) products to the multifamily housing industry, for a total transaction value of $512 million. B... 
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05/17/17Lowe's Companies, Inc. Invites You to Join Its First Quarter 2017 Earnings Conference Call Webcast
MOORESVILLE, N.C., May 17, 2017 /PRNewswire/ -- In conjunction with the Lowe's Companies, Inc. (NYSE: LOW) first quarter 2017 earnings press release, you are invited to listen to its conference call to be broadcast live over the internet on Wednesday, May 24, 2017 at 9:00 a.m. Eastern Time with: Robert A. Niblock, chairman, president and chief executive officer; Michael P. McDermott, chief customer officer; and Marshall A. Croom, chief financial officer.  Supplemental slides will be available fi... 
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05/03/17Lowe's Announces The Early Results Of Its Cash Tender Offer For Up To $1.6 Billion Aggregate Principal Amount Of Certain Of Its Outstanding Debt Securities
MOORESVILLE, N.C., May 3, 2017 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) (the "Company") today announced the early results of its previously announced cash tender offer (the "Tender Offer") for up to $1.6 billion combined aggregate principal amount (the "Maximum Tender Amount") of its outstanding notes (collectively, the "Notes") in the priorities set forth in the table below. The terms and conditions of the Tender Offer are described in the Company's Offer to Purchase, dated April 19, ... 
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05/03/17Lowe's Announces The Pricing Terms Of Its Cash Tender Offer For Up To $1.6 Billion Aggregate Principal Amount Of Certain Of Its Outstanding Debt Securities
MOORESVILLE, N.C., May 3, 2017 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) (the "Company") today announced the pricing terms of its previously announced cash tender offer (the "Tender Offer") for up to $1.6 billion combined aggregate principal amount (the "Maximum Tender Amount") of its outstanding notes (collectively, the "Notes") in the priorities set forth in the table below. The terms and conditions of the Tender Offer are described in the Company's Offer to Purchase, dated April 19, ... 
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04/19/17Lowe's Announces Cash Tender Offer For Up To $1.6 Billion Aggregate Principal Amount Of Certain Of Its Outstanding Debt Securities
MOORESVILLE, N.C., April 19, 2017 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) (the "Company") today announced the commencement of a cash tender offer (the "Tender Offer") for up to $1.6 billion combined aggregate principal amount (the "Maximum Tender Amount") of its outstanding 7.110% Notes due 2037, 6.650% Notes due 2037, 5.800% Notes due 2036, 5.500% Notes due 2035, 5.800% Notes due 2040, 5.125% Notes due 2041, 5.000% Notes due 2043, 6.875% Notes due 2028, 6.500% Notes due 2029, and 4.6... 
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04/19/17Lowe's Prices $3.0 Billion Notes Offering
MOORESVILLE, N.C., April 19, 2017 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) announced today it has agreed to sell $1.50 billion of 3.100% Notes due 2027 and $1.50 billion of 4.050% Notes due 2047 (collectively, the "Notes"). Estimated net proceeds from this offering will be approximately $2.96 billion, after deducting offering expenses and underwriters' discounts. Lowe's plans to use the net proceeds from the sale of the Notes (i) to fund its purchase for cash of up to $1.6 billion comb... 
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03/24/17Lowe's Companies, Inc. Declares Cash Dividend
MOORESVILLE, N.C., March 24, 2017 /PRNewswire/ -- The Board of Directors for Lowe's Companies, Inc. (NYSE: LOW) has declared a quarterly cash dividend of thirty-five cents ($0.35) per share, payable May 10, 2017, to shareholders of record as of April 26, 2017. Lowe's Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving more than 17 million customers a week in the United States, Canada and Mexico. With fiscal year 2016 sales of $65.0 ... 
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03/08/17Lowe's to Webcast Presentation from the Bank of America Merrill Lynch 2017 Consumer & Retail Technology Conference
MOORESVILLE, N.C., March 8, 2017 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) announces that Robert A. Niblock, chairman, president, and chief executive officer, and Marshall A. Croom, chief financial officer, will present at the Bank of America Merrill Lynch 2017 Consumer & Retail Technology Conference in New York, NY. What: Presentation by Robert Niblock and Marshall Croom at the Bank of America  Merrill Lynch 2017 Consumer & Retail Technology Conference in New Yor... 
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03/01/17Lowe's Reports Fourth Quarter Sales And Earnings Results
-- Comparable Sales Increased 5.1 Percent for the Fourth Quarter -- -- Diluted Earnings Per Share of $0.74 for the Fourth Quarter -- -- Adjusted Diluted Earnings Per Share(1) of $0.86 for the Fourth Quarter -- MOORESVILLE, N.C., March 1, 2017 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) today reported net earnings of $663 million and diluted earnings per share of $0.74 for the quarter ended February 3, 2017 compared to net earnings of $11 million and diluted earnings per share of ... 
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02/22/17Lowe's Companies, Inc. Invites You to Join Its Fourth Quarter 2016 Earnings Conference Call Webcast
MOORESVILLE, N.C., Feb. 22, 2017 /PRNewswire/ -- In conjunction with the Lowe's Companies, Inc. (NYSE: LOW) fourth quarter 2016 earnings press release, you are invited to listen to its conference call to be broadcast live over the internet on Wednesday, March 1, 2017 at 9:00 a.m. Eastern Time with: Robert A. Niblock, chairman, president and chief executive officer; Michael P. McDermott, chief customer officer; and Robert F. Hull, Jr., chief financial officer.  Supplemental slides will be availab... 
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01/27/17Lowe's Companies, Inc. Announces New $5 Billion Share Repurchase Program
MOORESVILLE, N.C., Jan. 27, 2017 /PRNewswire/ -- Reflecting its commitment to return excess cash to shareholders, the Board of Directors for Lowe's Companies, Inc. (NYSE: LOW) today 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 $627 million as of Oct. 28, 2016. Repurchases will be subject to market conditions and will be made from time to time either in the ... 
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01/23/17Lowe's Appoints Jocelyn Wong As Chief Marketing Officer
Wong Brings 20 Years of Marketing and Merchandising Experience to CMO Role MOORESVILLE, N.C., Jan. 23, 2017 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) today announced that Jocelyn Wong has been appointed to the position of chief marketing officer, effective immediately. Wong most recently served as senior vice president and general merchandising manager for the seasonal business.  She will report to Michael P. McDermott, chief customer officer, and succeeds Marci P. Grebstein who has ... 
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01/17/17Lowe's Appoints Marshall A. Croom Chief Financial Officer; Robert F. Hull Jr. To Retire
Croom Brings 30 Years of Financial and Operational Experience to CFO Role MOORESVILLE, N.C., Jan. 17, 2017 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) today announced that Marshall A. Croom, a 20-year Lowe's veteran, has been promoted to the position of chief financial officer, effective March 3. Croom succeeds Robert F. (Bob) Hull Jr., who announced plans to retire after 17 years with the company. Croom will report to Robert A. Niblock, Lowe's chairman, president and CEO.  Hull will r... 
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