UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended February 3, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to _________ Commission file number 1-7898 LOWE’S COMPANIES, INC. (Exact name of registrant as specified in its charter) North Carolina 56-0578072 (State o ...

Lowe's Companies, Inc. (NYSE:LOW) Q4 2022 Earnings Conference Call March 1, 2023 9:00 AM ET Company Participants Kate Pearlman - Vice President, Investor Relations & Treasurer Marvin Ellison - Chairman & Chief Executive Officer Bill Boltz - Executive Vice President, Merchandising Joe McFarland - Executive Vice President, Stores Brandon Sink - Executive Vice President & Chief Financial Officer Conference Call Participants Simeon Gutman - Morgan Stanley Patrick Hollander - Goldman Sachs Brian Nagel - Oppenhei ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended October 28, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission File Number 1-7898 LOWE'S COMPANIES, INC. (Exact name of registrant as specified in its charter) North Carolina 56-0578072 (Stat ...

Lowe's Companies, Inc. (NYSE:LOW) Q3 2022 Results Conference Call November 16, 2022 9:00 AM ET Company Participants Kate Pearlman - Vice President, Investor Relations Marvin Ellison - Chairman and Chief Executive Officer Bill Boltz - Executive Vice President, Merchandising Joe McFarland - Executive Vice President, Stores Brandon Sink - Executive Vice President and Chief Financial Officer Conference Call Participants Simeon Gutman - Morgan Stanley Michael Lasser - UBS Brian Nagel - Oppenheimer Liz Suzuki - B ...

Summary of Lowe's Companies, Inc. Conference Call Company Overview - **Company**: Lowe's Companies, Inc. (NYSE:LOW) - **Event**: Goldman Sachs 29th Annual Global Retailing Conference Call - **Date**: September 8, 2022 - **Participants**: Marvin Ellison (CEO), Kate McShane (Goldman Sachs) Key Industry Insights - **Market Size**: Home improvement is a $900 billion market in the U.S., with Lowe's and its largest competitor accounting for approximately $250 billion [2][4] - **Customer Base**: 90% of Lowe's customers have fixed interest rates, insulating them from immediate impacts of rising interest rates [6] - **Home Ownership Trends**: There is a significant shortage of homes (1.5 to 2 million) compared to demand, encouraging homeowners to invest in their current properties [6][14] Core Business Strategies - **Total Home Strategy**: Focus on growing both Pro and DIY segments through enhanced fulfillment capabilities and digital experiences [2][3] - **Productivity Initiatives**: Continuous improvement in operating margins through productivity initiatives and supply chain optimization [4][19] - **Sales Growth**: Targeting a $25 billion increase in sales and improving return on invested capital from 11.2% to over 36% [4][21] Demand Drivers - **Home Price Appreciation**: Record levels of home price appreciation and increased savings of $2.6 trillion, with 70% held by homeowners, support ongoing demand for home improvement [7][48] - **Aging Housing Stock**: Approximately 50% of U.S. homes are over 40 years old, indicating a need for renovations [7] - **Consumer Behavior**: Trends such as "aging in place" among boomers and sustained millennial household formation are expected to drive demand [10][13] Supply Chain and Fulfillment - **Supply Chain Transformation**: Transitioning from a store-centric model to a market delivery model to enhance efficiency and service levels for Pro customers [25][27] - **Pro Customer Focus**: Developing fulfillment networks to deliver directly to job sites and enhancing service levels in stores [27][29] Inventory Management - **Effective Inventory Control**: Lowe's has managed to reduce inventory units mid-single digits compared to the previous year, indicating strong inventory management practices [38] - **Seasonal Challenges**: The company acknowledges seasonal dependencies, particularly in outdoor product categories, but feels well-positioned for the back half of the year [40][41] Pricing Strategy - **Cost Management**: Robust processes for managing costs and pricing, ensuring competitive pricing while justifying cost increases [44][45] - **Consumer Value Perception**: Customers are willing to pay for perceived value beyond just price, as evidenced by strong sales of higher-priced items [46] Future Outlook - **Consumer Confidence**: Positive macro indicators suggest a stable consumer environment for home improvement in 2023, with no signs of a dramatic downturn [48][49] - **Margin Management**: Lowe's is prepared to manage margins effectively in varying inflationary environments, maintaining operational leverage [51] - **Promotional Strategy**: The company aims to avoid aggressive promotions, focusing instead on a competitive pricing strategy [53] Additional Insights - **Pro Penetration Growth**: Pro sales have increased from 19% to 25% since 2018, with plans to continue growing this segment through improved service and loyalty programs [30][32] - **Long-term Strategy**: Lowe's plans to outline its multi-year financial strategy and key initiatives at the upcoming Analyst and Investor Conference [23]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 (Mark One) FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended July 29, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | |------------------------------------------------------------------------------------------------------------|--------------------------------------------| | | | | For the tran ...

Lowe's Companies, Inc. (NYSE:LOW) Q2 2022 Results Conference Call August 17, 2022 9:00 AM ET Company Participants Kate Pearlman - Vice President, Investor Relations Marvin Ellison - Chairman and CEO Bill Boltz - Executive Vice President, Merchandising Joe McFarland - Executive Vice President, Stores Brandon Sink - Executive Vice President and CFO Conference Call Participants Simeon Gutman - Morgan Stanley Kate McShane - Goldman Sachs Peter Benedict - Baird Steven Forbes - Guggenheim Securities Scot Ciccarel ...

Lowe's Companies, Inc. (NYSE:LOW) Virtual fireside chat June 21, 2022 11:00 AM ET Company Participants Marvin Ellison - Chairman and CEO Brandon Sink - EVP, CFO Kate Pearlman - VP, IR Conference Call Participants Brian Nagel - Oppenheimer Brian Nagel Oppenheimer Consumer Conference. So my name is Brian Nagel. And I work as a Senior Equity Research Analyst at Oppenheimer, covering consumer growth and e-commerce. So I'm very pleased to have with me on this webinar event, the senior leadership team or several ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 (Mark One) FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended April 29, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | |------------------------------------------------------------------------------------------------------------|--------------------------------------------| | | | | For the tra ...

Lowe's Companies, Inc. (NYSE:LOW) Q1 2022 Results Conference Call May 18, 2022 9:00 AM ET Company Participants Kate Pearlman - Vice President, Investor Relations Marvin Ellison - Chairman and CEO Bill Boltz - Executive Vice President, Merchandising Joe McFarland - Executive Vice President, Stores Brandon Sink - Executive Vice President and CFO Conference Call Participants Greg Melich - Evercore Brian Nagel - Oppenheimer Simeon Gutman - Morgan Stanley Karen Short - Barclays Christopher Horvers - JPMorgan Liz ...