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|03/22/19 - Lowe's Companies, Inc. Declares Cash Dividend|
MOORESVILLE, N.C., March 22, 2019 /PRNewswire/ -- The Board of Directors for Lowe's Companies, Inc. (NYSE: LOW) has declared a quarterly cash dividend of forty-eight cents ($0.48) per share, payable May 8, 2019, to shareholders of record as of April 24, 2019. Lowe's Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving more than 18 million customers a week in the United States, Canada and Mexico. With fiscal year 2018 sales of $71.3 bil
|03/06/19 - Lowe's to Webcast Presentation from the Bank of America Merrill Lynch 2019 Consumer & Retail Technology Conference|
MOORESVILLE, N.C., March 6, 2019 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) announces that Marvin R. Ellison, president and chief executive officer, and David M. Denton, chief financial officer, will present at the Bank of America Merrill Lynch 2019 Consumer & Retail Technology Conference in New York, NY. What: Presentation by Marvin Ellison and David Denton at the Bank of America Merrill Lynch 2019 Consumer & Retail Technology
|02/27/19 - Lowe's Reports Fourth Quarter Sales And Earnings Results|
-- Diluted Loss Per Share of ($1.03) -- -- Adjusted Diluted Earnings Per Share (1) of $0.80 -- -- Reiterates Fiscal 2019 Business Outlook -- MOORESVILLE, N.C., Feb. 27, 2019 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) today reported a net loss of $824 million and diluted loss per share of ($1.03) for the quarter ended Feb. 1, 2019, which included pre-tax charges of $1.6 billion, compared to net earnings of $554 million and diluted earnings per share of $0.67 in the four
|02/20/19 - Lowe's Companies, Inc. Invites You to Join Its Fourth Quarter 2018 Earnings Conference Call Webcast|
MOORESVILLE, N.C., Feb. 20, 2019 /PRNewswire/ -- In conjunction with the Lowe's Companies, Inc. (NYSE: LOW) fourth quarter 2018 earnings press release, you are invited to listen to its conference call to be broadcast live over the internet on Wednesday, February 27, 2019 at 9:00 a.m. Eastern Time. Supplemental slides will be available fifteen minutes prior to the start of the conference call. What:
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|Lowe's Holds Annual Meeting of Shareholders|
- Shareholders Elect Board Members -
CHARLOTTE, N.C., May 30 /PRNewswire-FirstCall/ -- Today at its annual meeting, Lowe's Companies, Inc. (NYSE: LOW) Chairman and CEO Robert A. Niblock told shareholders that in a challenging economic environment, Lowe's is maintaining its high standards for stores, diligently managing expenses and continuing its keen focus on customer service.
(Logo: http://www.newscom.com/cgi-bin/prnh/20031205/LOWLOGO )
"In a tough environment, great companies look for opportunities to strengthen their business, and that is exactly what Lowe's is doing," explained Niblock. "We're committed to taking care of our customers and pursuing profitable, long-term market share gains while prudently managing the business to provide the best long-term return for shareholders.
"As a result of these efforts, in 2007 Lowe's continued to gain market share, increased our total sales and achieved our expansion plan by opening 153 new stores, including our first stores in Canada," added Niblock. "Further illustrating our unwavering focus on customers, we continued to gain market share through the first quarter of 2008."
Niblock said the long-term demographic trends for the home improvement industry remain favorable due to population growth and the aging of more than 130 million existing homes in the U.S.
During the meeting, shareholders re-elected board members Robert A. Ingram, Robert L. Johnson and Richard K. Lochridge. Continuing directors include David W. Bernauer, Leonard L. Berry, Peter C. Browning, Dawn E. Hudson, Marshall O. Larsen, Stephen F. Page, O. Temple Sloan, Jr. and Niblock.
Shareholders ratified Deloitte & Touche as the company's independent public accountants for the 2008 fiscal year and approved an amendment to Lowe's Articles of Incorporation to eliminate the classified structure of the board of directors, including elimination of the supermajority vote requirement to remove directors.
They approved a non-binding shareholder proposal to adopt a simple majority vote requirement for items submitted for shareholder approval. They rejected a non-binding shareholder proposal to require bonuses and long-term compensation be awarded based on company performance compared to that of peer companies.
The board of directors declared a quarterly cash dividend of $0.085 per share, an increase of 6.3 percent, payable on August 1, 2008, to shareholders of record as of July 18, 2008. Lowe's has paid a cash dividend each quarter since going public in 1961.
This news release includes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Statements of the company's expectations for sales growth, comparable store sales, earnings and performance, capital expenditures, store openings, demand for services, and any statement of an assumption underlying any of the foregoing, constitute "forward-looking statements" under the Act. Although the company believes that the expectations, opinions, projections, and comments reflected in its forward-looking statements are reasonable, it can give no assurance that such statements will prove to be correct. A wide- variety of potential risks, uncertainties, and other factors could materially affect our ability to achieve the results expressed or implied by our forward- looking statements including, but not limited to, changes in general economic conditions, such as interest rate and currency fluctuations, fuel costs, and other factors which can negatively affect our customers as well as our ability to: (i) respond to decreases in the number of new housing starts and the level of repairs, remodeling, and additions to existing homes, as well as general reduction in commercial building activity; (ii) secure, develop, and otherwise implement new technologies and processes designed to enhance our efficiency and competitiveness; (iii) attract, train, and retain highly- qualified associates; (iv) locate, secure, and develop new sites for store development; (v) respond to fluctuations in the prices and availability of services, supplies, and products; (vi) respond to the growth and impact of competition; (vii) address legal and regulatory matters; and (viii) respond to unanticipated weather conditions. For more information about these and other risks and uncertainties that we are exposed to, you should read the "Risk Factors" included in our Annual Report on Form 10-K to the United States Securities and Exchange Commission and the descriptions of material changes, if any, in those "Risk Factors" included in our subsequent Quarterly Reports on Form 10-Q.
With fiscal year 2007 sales of $48.3 billion, Lowe's Companies, Inc. is a FORTUNE(R) 50 company that serves approximately 14 million customers a week at more than 1,550 home improvement stores in the United States and Canada. Founded in 1946 and based in Mooresville, N.C., Lowe's is the second-largest home improvement retailer in the world. For more information, visit Lowes.com.
SOURCE Lowe's Companies, Inc. -0- 05/30/2008 /CONTACT: Shareholders or Analysts: Robbin Moore-Randolph, +1-704-758-3579; or Media: Chris Ahearn, +1-704-758-2304, both of Lowe's Companies, Inc./ /Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20031205/LOWLOGO AP Archive: http://photoarchive.ap.org PRN Photo Desk, firstname.lastname@example.org / /Web site: http://www.lowes.com / (LOW) CO: Lowe's Companies, Inc. ST: North Carolina IN: REA HOU SU: DIV PER BR-JM -- CLF024 -- 4404 05/30/2008 10:05 EDT http://www.prnewswire.com