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 August 4, 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 ...

Lowe's Companies, Inc. (NYSE:LOW) Q2 2023 Earnings Conference Call August 22, 2023 9:00 AM ET Company Participants Kate Pearlman - VP, IR Marvin R. Ellison - Chairman and CEO William P. Boltz - EVP, Merchandising Joseph M. McFarland III - EVP, Stores Brandon Sink - EVP and CFO Conference Call Participants Christopher Horvers - J.P. Morgan Chase Simeon Gutman - Morgan Stanley Elizabeth Suzuki - Bank of America Zachary Fadem - Wells Fargo Scot Ciccarelli - Truist Securities Michael Lasser - UBS Eric Bosshard ...

Summary of Lowe's Companies, Inc. Conference Call Company Overview - **Company**: Lowe's Companies, Inc. (NYSE: LOW) - **Event**: Oppenheimer 23rd Annual Consumer Growth & E-Commerce Conference - **Date**: June 28, 2023 - **Participants**: Marvin Ellison (Chairman and CEO), Brandon Sink (EVP and CFO), Kate Pearlman (Investor Relations) Key Industry Insights - **Home Improvement Demand**: Post-pandemic demand dynamics in home improvement are cautious, influenced by macroeconomic factors [3][6] - **Consumer Behavior**: Consumers are cautious with discretionary spending, but historical demand drivers such as home price appreciation, age of housing stock, and personal disposable income remain positive [3][5] - **Home Price Appreciation**: Home prices have increased by approximately 35% compared to pre-pandemic levels, encouraging investment in home improvements [5] - **Non-Discretionary Sales**: Two-thirds of Lowe's sales are non-discretionary, indicating that essential repairs drive demand [4] Company Performance and Strategy - **Long-Term Outlook**: Despite near-term pressures, Lowe's maintains a bullish outlook for the medium to long-term due to strong demand drivers and strategic investments [6][9] - **Operational Improvements**: Lowe's is focused on enhancing operational efficiency, improving supply chain, and modernizing stores to boost productivity [19][22] - **Pro Customer Focus**: The company is investing in its Pro customer segment, which represents a significant growth opportunity, with a $0.5 trillion addressable market [27][30] Financial Performance - **Operating Margin Target**: Lowe's aims to achieve a 14.5% operating margin, with a focus on increasing sales productivity and improving Pro and online business segments [20][22] - **Capital Expenditure**: The company plans to maintain a capital expenditure of approximately $2 billion annually, focusing on operational improvements rather than significant new investments [24] Market Dynamics - **Regional Differences**: There are no significant measurable differences in housing prices across markets, although some areas like Austin and parts of California have seen price moderation [12] - **Inflation Impact**: Inflation has affected sales, particularly in commodities like lumber, but Lowe's is actively managing costs and expects to maintain average ticket prices outside of commodity-driven categories [48][52] Customer Insights - **Rural Market Strategy**: Lowe's is focusing on rural markets, identifying 300 stores for assortment changes to better meet local customer needs, which has shown early positive results [40][45] - **Customer Loyalty**: The company is enhancing its loyalty program and CRM capabilities to better serve and retain Pro customers [31] Capital Allocation - **Shareholder Returns**: Lowe's continues to prioritize high-return projects, targeting a 35% dividend payout ratio and returning excess capital through share repurchases [58] - **Debt Management**: The company maintains a competitive cost of capital with a fixed average interest rate of 3.95%, minimizing exposure to interest rate fluctuations [59] Conclusion - **Future Outlook**: Lowe's is optimistic about its growth trajectory, driven by strategic investments, operational improvements, and a focus on customer needs, particularly in the Pro segment and rural markets [44][60]

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 May 5, 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 or ...

Lowe’s Companies, Inc. (NYSE:LOW) Q1 2023 Earnings Conference Call May 23, 2023 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 Liz Suzuki - Bank of America Simeon Gutman - Morgan Stanley Steven Zaccone - Citigroup Brian Nag ...

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 ...

创业板投资风险提示：本次股票发行后拟在创业板市场上市，该市场具有较高的投资风 险。创业板公司具有创新投入大、新旧产业融合成功与否存在不确定性、尚处于成长期、 经营风险高、业绩不稳定、退市风险高等特点，投资者面临较大的市场风险。投资者应 充分了解创业板市场的投资风险及本公司所披露的风险因素，审慎作出投资决定。 格力博（江苏）股份有限公司 Greenworks (Jiangsu) Co., Ltd. （常州市钟楼经济开发区星港路 65-1 号） 格力博（江苏）股份有限公司 招股说明书 首次公开发行股票并在创业板上市 招股说明书 1-1-1 保荐人（主承销商） （北京市朝阳区安立路 66 号 4 号楼） 格力博（江苏）股份有限公司 招股说明书 发行人控股股东、实际控制人承诺本招股说明书不存在虚假记载、误导性 陈述或重大遗漏，并承担相应的法律责任。 公司负责人和主管会计工作的负责人、会计机构负责人保证招股说明书中 财务会计资料真实、完整。 发行人及全体董事、监事、高级管理人员、发行人控股股东、实际控制人 以及保荐人、承销的证券公司承诺因发行人招股说明书及其他信息披露资料有 虚假记载、误导性陈述或者重大遗漏，致使投资者 ...

格力博（江苏）股份有限公司 招股意向书 创业板投资风险提示：本次股票发行后拟在创业板市场上市，该市场具有较高的投 资风险。创业板公司具有创新投入大、新旧产业融合成功与否存在不确定性、尚处于成 长期、经营风险高、业绩不稳定、退市风险高等特点，投资者面临较大的市场风险。投 资者应充分了解创业板市场的投资风险及本公司所披露的风险因素，审慎作出投资决定。 格力博（江苏）股份有限公司 Greenworks (Jiangsu) Co., Ltd. （常州市钟楼经济开发区星港路 65-1 号） 首次公开发行股票并在创业板上市 招股意向书 中国证监会、交易所对本次发行所作的任何决定或意见，均不表明其对注 册申请文件及所披露信息的真实性、准确性、完整性作出保证，也不表明其对 发行人的盈利能力、投资价值或者对投资者的收益作出实质性判断或保证。任 何与之相反的声明均属虚假不实陈述。 根据《证券法》的规定，股票依法发行后，发行人经营与收益的变化，由 发行人自行负责；投资者自主判断发行人的投资价值，自主作出投资决策，自 行承担股票依法发行后因发行人经营与收益变化或者股票价格变动引致的投资 风险。 发行人及全体董事、监事、高级管理人员承 ...

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 ...