|Q4 2018 Earnings Press Release|
|Q4 2018 Earnings Infographic|
|Q4 2018 Reconciliation of Non-GAAP Measures|
|Q4 2018 Financial Statements|
|Q4 FY2018 Re-Baseline Summary Financials|
|2017 Annual Report||2017 Form 10-K|
|2018 Proxy Statement|
|Canada Acquisition Reference Slides|
|Stores by State|
|10-year Financial Information|
|Sell-side Analyst Coverage|
|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 Announces Growth Strategies at 2009 Analyst and Investor Conference|
Today, Lowe's reiterated its prior sales and earnings guidance for the 2009 fiscal year, which was provided in its August 17, 2009 earnings release. Sales and earnings guidance can be found in the Business Outlook section of this release.
"Although the economic environment remains challenging, we continue to invest in our business and drive operating efficiencies to become a more efficient company and better serve the needs of home improvement customers," commented Robert A. Niblock, Lowe's chairman and CEO. "Over the past three years, we have worked to strike the right balance between controlling expenses and appropriately staffing stores to maintain great customer service. Our focus on achieving this balance enabled us to maintain profitability and positioned the company for continued success.
"Although prices have declined in recent years, the home remains many consumers' largest asset. What has changed is their approach to tackling home improvement projects. Consumers are shifting to more do-it-yourself projects as they balance convenience with the cost of outsourcing. Opportunity rests in our ability to understand consumers' evolving needs and provide products and customer-valued solutions," Niblock concluded.
During the conference, Lowe's executives will focus on key initiatives to capitalize on market growth and changing competitive dynamics, drive efficiencies, enhance customer service and increase market share. Highlights of those presentations include:
Lowe's also told investors it has decided to close one store that it deemed not economically viable.
"The decision to close a store is difficult as it affects people and the communities we serve," said Niblock. "The store in central Milwaukee has struggled since it opened in 2005 and sales have not improved over time."
The company continues to evaluate the cash flow performance of existing stores. Although there were no operating store impairment charges for the first half of the current fiscal year, the continuing uncertainty regarding the timing and strength of the economic recovery makes it possible the company will recognize impairments related to operating stores during the second half of fiscal year 2009. While impairments for operating stores are not certain, to the extent necessary, and to provide an order of magnitude, the total is not expected to exceed $100 million. Due to the uncertainty of possible impairments, the company has not adjusted its earnings guidance for the 2009 fiscal year.
Lowe's Business Outlook
Fiscal Year 2009 (comparisons to fiscal year 2008)
Fiscal Year 2010 (comparisons to fiscal year 2009)
A webcast of this conference is scheduled for today (Tuesday, September 22) at 10:00 am EDT. The webcast can be accessed by visiting Lowe's website at www.Lowes.com/investor and clicking on Lowe's 2009 Analyst & Investor Conference Webcast. A replay of the webcast will be available online shortly following the event and available until September 2010.
Disclosure Regarding Forward-Looking Statements
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, the housing market, the home improvement industry, 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 rising unemployment, interest rate and currency fluctuations, higher fuel and other energy costs, slower growth in personal income, changes in consumer spending, the availability and increasing regulation of consumer credit and mortgage financing, changes in the rate of housing turnover, inflation or deflation of commodity prices and other factors which can negatively affect our customers, as well as our ability to: (i) respond to adverse trends in the housing industry 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 successfully develop new sites for store development particularly in major metropolitan markets; (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 legislative and regulatory developments; and (viii) respond to unanticipated weather conditions that could adversely affect sales. 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 description of material changes, if any, in those "Risk Factors" included in our Quarterly Reports on Form 10-Q.
The forward-looking statements contained in this news release speak only as of the date of this release and the company does not assume any obligation to update any such statements.
With fiscal year 2008 sales of $48.2 billion, Lowe's Companies, Inc. is a FORTUNE(R) 50 company that serves approximately 14 million customers a week at more than 1,675 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.
For Lowe's Companies, Inc.