MOORESVILLE, N.C., Nov. 19, 2024 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) announced today that it will hold its 2024 Analyst and Investor Conference at 8 a.m. Eastern time on Wednesday, Dec. 11 in New York City. The company will provide updates on key growth initiatives and near-term and long-term financial targets.

A webcast will be available by visiting the Events & Presentations section of the Lowe's Investor Relations website, ir.lowes.com. Supplemental materials will be available at 6 a.m. ET the morning of the event.

— Diluted EPS of $2.99; Adjusted Diluted EPS1 of $2.89 —

— Comparable Sales Decreased 1.1% —

— Updates Full Year 2024 Outlook —

MOORESVILLE, N.C., Nov. 19, 2024 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) today reported net earnings of $1.7 billion and diluted earnings per share (EPS) of $2.99 for the quarter ended Nov. 1, 2024, compared to diluted EPS of $3.06 in the third quarter of 2023. During the third quarter, the company recognized a $54 million pre-tax gain associated with the 2022 sale of the Canadian retail business. This positively impacted third quarter diluted EPS by $0.10. Excluding this gain, third quarter 2024 adjusted diluted EPS1 was $2.89.

MOORESVILLE, N.C., Nov. 15, 2024 /PRNewswire/ -- The board of directors of Lowe's Companies, Inc. (NYSE: LOW) has declared a quarterly cash dividend of one dollar and 15 cents ($1.15) per share, payable Feb. 5, 2025, to shareholders of record as of Jan. 22, 2025.

About Lowe's

Lowe's Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving approximately 16 million customer transactions a week in the United States. With total fiscal year 2023 sales of more than $86 billion, Lowe's operates over 1,700 home improvement stores and employs approximately 300,000 associates. Based in Mooresville, N.C., Lowe's supports the communities it serves through programs focused on creating safe, affordable housing and helping to develop the next generation of skilled trade experts. For more information, visit Lowes.com.

Company to support small businesses and local business development organizations to expedite funding and accelerate economic recovery after Hurricane Helene

MOORESVILLE, N.C., Nov. 13, 2024 /PRNewswire/ -- As Lowe's continues to address the urgent and evolving community needs in the wake of Hurricane Helene, the company today launched the Lowe's Western North Carolina Small Business Recovery Fund. The $2.5 million fund will provide grants directly to small businesses in the company's home state and support local business development organizations advance their work to help businesses navigate disaster relief aid.

MOORESVILLE, N.C., Nov. 12, 2024 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) announced today that it will hold its Third Quarter 2024 Earnings Conference Call at 9 a.m. Eastern time on Tuesday, Nov. 19. A webcast will be available by visiting the Quarterly Earnings section of the Lowe's Investor Relations website, ir.lowes.com. Supplemental materials will be available 15 minutes before the start of the conference call.

MyLowe's Rewards members now get free access to maintenance and care support for their home appliances

MOORESVILLE, N.C., Nov. 4, 2024 /PRNewswire/ -- Lowe's is helping homeowners manage their homes in a whole new way with the introduction of the Lowe's Digital Home Platform, exclusively available to MyLowe's Rewards* members. Members can access free, personalized information about products in their homes, including warranties and manuals, maintenance suggestions and how-to content, recommended subscriptions and replacement parts from the palm of their hand. While the initial launch focuses on home appliances, the digital home platform will expand to include other aspects of the home to help make home maintenance easier than ever for Lowe's customers.

Donation to support unprecedented recovery needs; adds to $2 million already pledged

MOORESVILLE, N.C., Oct. 11, 2024 /PRNewswire/ -- Lowe's is donating an additional $10 million to support hurricane relief in the wake of the devastation in Western North Carolina from Hurricane Helene and the extensive damage from Hurricane Milton this week. The company's $12 million donation will continue to assist its nonprofit partners and first responders as they address urgent needs and unprecedented relief and recovery efforts.

Lowe's recognizes Pella®, Schluter Systems and Klein Tools as This Year's Outstanding Suppliers; Henkel Named Lowe's Sustainability Partner of the Year

MOORESVILLE, N.C., Oct. 1, 2024 /PRNewswire/ -- Lowe's Companies, Inc. announced it has named Pella®, Schluter Systems and Klein Tools as the company's 2024 Vendor Partners of the Year. The suppliers were recognized for their commitment to delivering quality products, innovation, value and service to Lowe's customers.

The company continues to deploy additional recovery supplies and over 150 associates to help communities recover

MOORESVILLE, N.C., Sept. 30, 2024 /PRNewswire/ -- Lowe's is donating $2 million to support relief efforts in response to the catastrophic and multi-state impact of Hurricane Helene. Lowe's donation will assist its nonprofit partners and first responders, helping these organizations respond to critical needs like emergency shelter, food and water while also supporting long-term rebuilding and recovery.

Exclusive Member Event from October 10-16: A Celebration of Savings, Rewards, and More

MOORESVILLE, N.C., Sept. 26, 2024 /PRNewswire/ -- Today, Lowe's announces its inaugural MyLowe's Rewards Week, running from October 10-16. This member-only event marks a major milestone, offering MyLowe's Rewards1 members the biggest deals of the year, with up to 40% off hundreds of items across categories such as appliances, home décor, holiday items, kitchen and bath essentials, paint and more. Whether shopping in-store or online, members will enjoy even more savings during this inaugural event, just ahead of the holiday season.

Retailer's new marketing campaign, featuring NFL star power like Travis Kelce, speaks to all the ways the brand is helping millennial homeowners tackle home improvement needs

MOORESVILLE, N.C., Sept. 3, 2024 /PRNewswire/ -- Today Lowe's announced the sixth-consecutive renewal of its contract with the NFL for the 2024-25 season and the continuation of its longstanding partnership with the Carolina Panthers and Dallas Cowboys. As part of this season's fully integrated marketing campaign, the home improvement retailer showcases all the ways it helps homeowners with their "home game" this season, from Lowe's expert red vest support in-store to the easy-to-use mobile app and improved delivery options like same-day delivery. Lowe's associates appear alongside Lowe's Home Team players in several national television commercials, digital and social ads. This year, Lowe's adds new talent to the Lowe's Home Team, quarterback C.J. Stroud, who joins the returning members: tight end Travis Kelce, running back Christian McCaffrey, Dallas Cowboys quarterback Dak Prescott, Carolina Panthers quarterback Bryce Young, quarterback Drake Maye and offensive tackle Kelvin Beachum.

MOORESVILLE, N.C., Aug. 30, 2024 /PRNewswire/ -- The board of directors of Lowe's Companies, Inc. (NYSE: LOW) has declared a quarterly cash dividend of one dollar and 15 cents ($1.15) per share, payable Nov. 6, 2024, to shareholders of record as of Oct. 23, 2024.

About Lowe's

Lowe's Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving approximately 16 million customer transactions a week in the United States. With total fiscal year 2023 sales of more than $86 billion, Lowe's operates over 1,700 home improvement stores and employs approximately 300,000 associates. Based in Mooresville, N.C., Lowe's supports the communities it serves through programs focused on creating safe, affordable housing and helping to develop the next generation of skilled trade experts. For more information, visit Lowes.com.

MOORESVILLE, N.C., Aug. 29, 2024 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) announces that Marvin R. Ellison, chairman and chief executive officer, will participate in a fireside chat at the Goldman Sachs 31st Annual Global Retailing Conference.  

What:

Marvin Ellison participating in a fireside chat at the Goldman Sachs 31st Annual Global Retailing Conference

When:

9:35 a.m. ET on Thursday, Sept. 5, 2024

Where:

Listen to the audio webcast at ir.lowes.com under "Events & Presentations"

The archived webcast will be available at the same location approximately 24 hours after the event

— Diluted EPS of $4.17; Adjusted Diluted EPS1 of $4.10 —

— Comparable Sales Decreased 5.1% —

— Updates Full Year 2024 Outlook —

MOORESVILLE, N.C., Aug. 20, 2024 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) today reported net earnings of $2.4 billion and diluted earnings per share (EPS) of $4.17 for the quarter ended Aug. 2, 2024, compared to diluted EPS of $4.56 in the second quarter of 2023. During the second quarter, the Company recognized a $43 million pre-tax gain associated with the 2022 sale of the Canadian retail business. This positively impacted second quarter diluted EPS by $0.07. Excluding this gain, second quarter 2024 adjusted diluted EPS1 was $4.10.

MOORESVILLE, N.C., Aug. 13, 2024 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) announced today that it will hold its Second Quarter 2024 Earnings Conference Call at 9 a.m. Eastern time on Tuesday, Aug. 20. A webcast will be available by visiting the Quarterly Earnings section of the Lowe's Investor Relations website, ir.lowes.com. Supplemental materials will be available 15 minutes before the start of the conference call.

Lowe's Media Network Unlocks More Opportunities that Deliver Growth for Brand Partners

MOORESVILLE, N.C., Aug. 8, 2024 /PRNewswire/ -- Lowe's Companies, Inc. is making new advancements to its media network to deliver a world-class retail media experience with enhanced white glove service for its brand advertisers. To support its strategic growth, Lowe's has rebranded its retail media network with a new logo and a simplified name: Lowe's Media Network. Lowe's also announced expanded placements on the Lowe's app and the launch of four new channels this year: email, in-store audio, paid search and direct mail for install services.

Tinted to any color and offered in multiple sheens, this new product helps customers reimagine spaces without renovation

CLEVELAND, July 24, 2024 /PRNewswire/ -- HGTV Home® by Sherwin-Williams introduces Cabinet & Furniture paint, a new acrylic urethane enamel that provides a factory-like finish on cabinets and furniture, can be tinted to any color, and is offered in satin and semi-gloss sheens. Sold exclusively in store and online at Lowe's, this new product innovation contributes to the HGTV Home by Sherwin-Williams solid foundation of legendary quality paints and exceptional customer satisfaction.

To Celebrate its Partnership with USA Track & Field, Lowe's Will Give Away American Flags to Loyalty Members

MOORESVILLE, N.C., July 24, 2024 /PRNewswire/ -- Lowe's is partnering with Charlotte-based star Anna Cockrell as she becomes the newest member of Lowe's Home Team. Cockrell is the first female athlete to join the lineup of world-class athletes, including Dallas Cowboys Quarterback Dak Prescott, Pro Bowl Tight End Travis Kelce, Pro Bowl Running Back Christian McCaffrey and recently drafted New England Patriots Quarterback Drake Maye. On the heels of a successful partnership with Lionel Messi, Lowe's continues to drive engagement among sports fans around the country this summer.  

From Arizona to Maine, 11 schools receive support to scale training and remove education barriers for sought-after trades careers

MOORESVILLE, N.C., July 23, 2024 /PRNewswire/ -- The Lowe's Foundation today announced nearly $8 million in Gable Grants to a second cohort of community and technical colleges. Since awarding its first grants one year ago, the foundation has assisted in expanding skilled trades career pathways through its growing network of 35 community colleges and nonprofits in rural and urban communities across 27 states.

Support through Lowe's Round Up for Charity campaign to help nonprofit reach thousands more

NEW YORK, June 27, 2024 /PRNewswire/ -- Building Homes for Heroes today announced plans to gift more than 40 homes – nearly one home per week for the remainder of the year – with support from Lowe's. The homes will be provided mortgage-free for injured veterans and their families, culminating in December with a celebration of Building Homes for Heroes' milestone 400th home to be constructed, modified and gifted.