Lowe's Investor Relations

Recent Releases

06/17/13 - Lowe’s Enters into Purchase Agreement with Orchard Supply Hardware
--Acquisition Will Expand Lowe’s Footprint in California through the Addition of At Least 60 Orchard Metro Store Locations-- MOORESVILLE, N.C.--(BUSINESS WIRE)--Jun. 17, 2013-- Lowe’s Companies, Inc. (NYSE: LOW), the world’s second largest home improvement retailer, today announced it has entered into an asset purchase agreement with Orchard Supply Hardware, under which Lowe’s will acquire the majority of Orchard’s assets for approximately $205 milli
05/31/13 - Lowe’s Holds Annual Meeting of Shareholders
--Board of Directors Declares a 12.5 Percent Increase in Quarterly Cash Dividend-- CHARLOTTE, N.C.--(BUSINESS WIRE)--May. 31, 2013-- At its annual meeting today, Lowe’s Companies, Inc. (NYSE: LOW) Chairman, President and CEO, Robert A. Niblock, told shareholders the company delivered solid financial performance in 2012 while making progress on a number of key initiatives. Niblock said Lowe’s continues to focus on giving customers bette
05/29/13 - Lowe’s to Webcast Annual Meeting of Shareholders
MOORESVILLE, N.C.--(BUSINESS WIRE)--May. 29, 2013-- Lowe's Companies, Inc. (NYSE: LOW) invites you to listen as its 2013 Annual Meeting of Shareholders is broadcast live over the Internet at 10:00 a.m. Eastern Time on Friday, May 31, 2013. What:         Lowe’s Annual Meeting of Sharehol
05/22/13 - Lowe’s Reports First Quarter Sales and Earnings Results
MOORESVILLE, N.C.--(BUSINESS WIRE)--May. 22, 2013-- Lowe’s Companies, Inc. (NYSE: LOW), the world’s second largest home improvement retailer, today reported net earnings of $540 million for the quarter ended May 3, 2013, a 2.5 percent increase over the same period a year ago. Diluted earnings per share increased 14.0 percent to $0.49 from $0.43 in the first quarter of 2012. Sales for the quarter decreased 0.5 percent to $13.1 billion from $13.2

News Release

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Lowe’s Prices $2.0 Billion Notes Offering

MOORESVILLE, N.C.--(BUSINESS WIRE)--Apr. 16, 2012-- Lowe's Companies, Inc. (NYSE: LOW) announced today it has agreed to sell $500 million of 1.625% Notes due 2017, $750 million of 3.12% Notes due 2022 and $750 million of 4.65% Notes due 2042. Estimated net proceeds from this offering will be approximately $1.982 billion, after deducting offering expenses and underwriters’ discounts. Lowe’s intends to use the net proceeds from the notes offering for general corporate purposes, which may include repurchases of shares of our common stock, capital expenditures, acquisitions and working capital needs. Closing is expected to occur on April 23, 2012.

Wells Fargo Securities, LLC., Goldman, Sachs & Co. and US Bancorp Investments, Inc. are acting as joint book-running managers for the notes offering. This offering was made under an effective registration statement on file with the Securities and Exchange Commission. This press release is not an offer to sell or a solicitation of an offer to buy these securities. Any offers to sell, or solicitations to buy, will be made solely by means of a prospectus and related prospectus supplement filed with the Securities and Exchange Commission. A copy of the prospectus and related prospectus supplement for this offering may be obtained from Wells Fargo Securities, LLC, Syndicate Operations, 1525 West W.T. Harris Boulevard, NC0675, Charlotte, North Carolina 28262, Attn: Capital Markets Client Support, 1-800-326-5897; Goldman, Sachs & Co., Prospectus Department, 200 West Street, New York, NY 10282, telephone: 1-866-471-2526, facsimile: 212-902-9316 or by emailing prospectus-ny@ny.email.gs.com or U.S. Bancorp Investments, Inc., Head of Syndicate, 214 North Tryon Street, 26th Floor, Charlotte, NC 28202, 1-877-558-2607.

Disclosure Regarding Forward-Looking Statements

Included herein are forward-looking statements, including statements with respect to an anticipated financing. There are many factors that affect management's views about future events and trends of the business and operations of the company, including changes to the economy and the market for the offering, all as more thoroughly described in the prospectus and related prospectus supplement and the company's filings with the Securities and Exchange Commission. The company does not undertake any obligation to update forward-looking information included in this release or any of its public filings.

About Lowe’s

With fiscal year 2011 sales of $50.2 billion, Lowe's Companies, Inc. is a FORTUNE® 50 company that serves approximately 15 million customers a week at more than 1,745 home improvement stores in the United States, Canada and Mexico. Founded in 1946 and based in Mooresville, N.C., Lowe's is the second-largest home improvement retailer in the world.

Source: Lowe's Companies, Inc.

Shareholders’/Analysts’ Inquiries:
Tiffany Mason, 704-758-2033
tiffany.l.mason@lowes.com
or
Media Inquiries:
Chris Ahearn
704-758-2304
chris.c.ahearn@lowes.com