|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:
|View printer-friendly version|
|Lowe's Reports Record First Quarter Earnings|
-- Net Earnings Increased 20 Percent to $225 million --
-- Diluted Earnings Per Share Increased 18 Percent to $0.58 --
-- First Quarter Sales Increased 18 Percent -- WILKESBORO, N.C., May 21 -- Lowe's Companies, Inc. (NYSE: LOW), the world's second largest home improvement retailer, today reported net earnings of $225.3 million for the quarter ended May 4, 2001, a 20.4 percent increase over the same period a year ago. Diluted earnings per share increased 18.4 percent to $0.58 from $0.49 in the first quarter of 2000.
Sales for the quarter increased 18.1 percent to $5.28 billion, up from $4.47 billion in the first quarter of 2000. Comparable store sales for the first quarter decreased by 3.0 percent and were negatively impacted by deflation in lumber and building materials by approximately 100 basis points.
"Lowe's successfully focused on the fundamentals during the quarter to produce earnings per share results at the high end of our guidance," explained Robert L. Tillman, Lowe's chairman and CEO. "We continued investing in our future by opening a record number of first quarter stores and a sixth regional distribution center. Despite these investments, a slowing economy and a competitive retail environment, we expanded operating margins and gained considerable leverage by carefully controlling expenses."
"The recent activity by the Federal Reserve suggests its continued willingness to stimulate the economy," added Tillman. "We expect the five interest rate cuts since the beginning of the year to begin to positively influence consumer spending in the coming months, and we approach the balance of the year with cautious optimism as reflected in our Lowe's Business Outlook."
During the quarter, Lowe's opened 37 new stores, including five relocations of older, smaller stores. Two older, smaller stores were closed. At the end of the first quarter, Lowe's operated 680 stores in 40 states representing 71.9 million square feet, a 22.8% increase over last year.
A conference call to discuss first quarter 2001 operating results is scheduled for today (Monday, May 21) at 9:00 a.m. EST. Please dial 719-457-2633 (confirmation code 767819) to participate. A webcast of the call will take place simultaneously and can be accessed by visiting Lowe's website at www.lowes.com and clicking on About Lowe's, Investor Information, Earnings Releases. A replay of the call will be archived on www.lowes.com for 48 hours.
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.
Second Quarter 2001 (comparisons to second quarter 2000)
Fiscal Year 2001 (comparisons to fiscal year 2000)
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 trends, as Lowe's expands into major metropolitan markets, the availability of real estate for expansion and its successful development may lengthen the timelines for store openings, the availability of sufficient labor to facilitate growth, fluctuations in prices and availability of product, unanticipated increases in competition 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 15th largest retailer in the U.S. as well as the 34th largest retailer worldwide. With over 100,000 employees, Lowe's is Improving Home Improvement for nearly five million do-it-yourself retail and commercial business customers each week. For more information, or product, visit or shop us at lowes.com.