|Q4 2018 Earnings Press Release|
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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 Reports Record Third Quarter Earnings|
WILKESBORO, N.C., Nov. 19 -- Lowe's Companies, Inc. (NYSE: LOW - news), the world's second largest home improvement retailer, today reported net earnings of $250.5 million for the quarter ended November 2, 2001, a 23.8 percent increase over the same period a year ago. Diluted earnings per share increased 23.1 percent to $0.32 from $0.26 in the third quarter of 2000. For the nine months ended November 2, 2001, net earnings grew 20.3 percent to $804.9 million while diluted earnings per share increased 17.2 percent to $1.02.
Sales for the quarter increased 21.1 percent to $5.45 billion, up from $4.50 billion in the third quarter of 2000. Comparable store sales for the third quarter increased by 4.0 percent. For the nine months ended November 2, 2001, sales increased 18.4 percent to $16.86 billion. Comparable store sales increased 0.9 percent in the first nine months of 2001.
"These results give us confidence in the resiliency of the American consumer," commented Robert L. Tillman, Lowe's chairman, president and CEO. "This quarter we experienced solid sales performance in all geographic regions and all product categories with customer traffic accelerating at a rapid pace during the quarter. I am confident that our focus on the fundamentals of controlling expenses, managing inventory and providing exceptional customer service will continue to drive strong performance."
During the quarter, Lowe's opened 35 new stores and relocated 4 stores. One older, smaller store was closed. As of November 2, 2001, Lowe's operated 734 stores in 42 states representing 78.9 million square feet, a 23.7% increase over last year.
A conference call to discuss third quarter 2001 operating results is scheduled for today (Monday, November 19) at 9:00 a.m. EDT. Please dial 719- 457-2633 (confirmation code 742663) to participate. A webcast of the call will take place simultaneously and can be accessed by visiting Lowe's website at http://www.lowes.com and clicking on About Lowe's, Investor Information, Earnings Releases. A replay of the call will be archived on http://www.lowes.com for 7 days.
Lowe's Business Outlook
This outlook is based on current expectations and includes "forward- looking statements" within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. Although the company believes that comments reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct.
Fourth Quarter 2001 (13 weeks ending February 1, 2002 vs. 14 weeks ending February 2, 2001)
This news release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. Although the company believes that comments reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct. Possible risks and uncertainties regarding these statements include, but are not limited to, the direction of general economic conditions, the availability of real estate for expansion and its successful development, particularly in major metropolitan markets, the availability of sufficient labor to facilitate growth, fluctuations in prices and availability of product, unanticipated impact of competition, legal or regulatory developments, and weather conditions that affect sales.
Lowe's Companies, Inc. is the world's second largest home improvement retailer. Headquartered in Wilkesboro, N.C., Lowe's is the 14th largest retailer in the U.S. as well as the 30th largest retailer worldwide. With over 100,000 employees, Lowe's is Improving Home Improvement for over six million do-it-yourself retail and commercial business customers each week. For more information, visit lowes.com.
Three Months Ended November 2, 2001 October 27, 2000 Current Earnings Amount Percent Amount Percent