Edition:
United Kingdom

Lowe's Companies Inc (LOW.N)

LOW.N on New York Stock Exchange

116.26USD
19 Sep 2018
Change (% chg)

$0.71 (+0.61%)
Prev Close
$115.55
Open
$115.79
Day's High
$116.50
Day's Low
$115.50
Volume
798,836
Avg. Vol
1,089,979
52-wk High
$116.50
52-wk Low
$75.38

Latest Key Developments (Source: Significant Developments)

Lowe's Companies Entered Into $1.75 Bln 5-Yr Unsecured Revolving Second Amended And Restated Credit Agreement
Wednesday, 12 Sep 2018 

Sept 12 (Reuters) - Lowe's Companies Inc ::LOWE'S COMPANIES - ON SEPT 10, ENTERED INTO $1.75 BILLION FIVE-YEAR UNSECURED REVOLVING SECOND AMENDED AND RESTATED CREDIT AGREEMENT- SEC FILING.LOWE'S COMPANIES INC - UNDER AGREEMENT CO MAY INCREASE AGGREGATE AVAILABILITY UNDER FACILITY BY AN ADDITIONAL $500 MILLION.LOWE'S-AGREEMENT AMENDS AND RESTATES CO'S AMENDED AND RESTATED CREDIT AGREEMENT DATED NOVEMBER 23, 2016 TO EXTEND THE MATURITY DATE OF CREDIT FACILITY.  Full Article

Lowe's Cos Files For Potential Mixed Shelf Offering - SEC Filing
Thursday, 23 Aug 2018 

Aug 23 (Reuters) - Lowe's Companies Inc ::LOWE'S COMPANIES INC FILES FOR POTENTIAL MIXED SHELF OFFERING; SIZE NOT DISCLOSED- SEC FILING.  Full Article

Lowe's Names David Denton CFO
Wednesday, 22 Aug 2018 

Aug 22 (Reuters) - Lowe's Companies Inc ::LOWE'S NAMES DAVID DENTON CHIEF FINANCIAL OFFICER.SAYS DAVID M. DENTON APPOINTED CFO.DENTON SUCCEEDS MARSHALL A. CROOM, WHOSE RETIREMENT WAS PREVIOUSLY ANNOUNCED.LOWE'S COMPANIES - DENTON CURRENTLY SERVES AS EVP AND CFO OF CVS HEALTH AND WILL JOIN LOWE'S SHORTLY AFTER CLOSING OF CVS ACQUISITION OF AETNA.  Full Article

Lowe's Q2 Same Store Sales Rose 5.2 Pct
Wednesday, 22 Aug 2018 

Aug 22 (Reuters) - Lowe's Companies Inc ::LOWE'S REPORTS SECOND QUARTER SALES AND EARNINGS RESULTS.Q2 ADJUSTED EARNINGS PER SHARE $2.07.Q2 EARNINGS PER SHARE $1.86.Q2 SALES $20.9 BILLION VERSUS I/B/E/S VIEW $20.78 BILLION.Q2 EARNINGS PER SHARE VIEW $2.02 -- THOMSON REUTERS I/B/E/S.Q2 SAME STORE SALES ROSE 5.2 PERCENT.UPDATES FISCAL 2018 BUSINESS OUTLOOK.EXPECTS 2018 COMP SALES TO INCREASE ABOUT 3 PERCENT.QTRLY EARNINGS INCLUDED NON-CASH PRE-TAX CHARGES OF $230 MILLION.FY 2018 TOTAL SALES ARE EXPECTED TO INCREASE APPROXIMATELY 4.5 PERCENT.DILUTED EARNINGS PER SHARE OF $4.50 TO $4.60 ARE EXPECTED FOR FISCAL YEAR ENDING FEB. 1, 2019.DEVELOPING PLANS TO RATIONALIZE ITS STORE INVENTORY, REDUCING LOWER-PERFORMING INVENTORY.FY EARNINGS PER SHARE VIEW $5.45, REVENUE VIEW $71.86 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Lowe's Says As Part Of Company's New Leadership Structure, COO, CCO, Corporate Administration Executive And CDO Positions Eliminated
Monday, 9 Jul 2018 

July 9 (Reuters) - Lowe's Companies Inc ::LOWE'S REALIGNS LEADERSHIP STRUCTURE TO DRIVE OPERATIONAL EXCELLENCE.LOWE'S COMPANIES INC - AS PART OF COMPANY'S NEW LEADERSHIP STRUCTURE, COO, CCO, CORPORATE ADMINISTRATION EXECUTIVE AND CDO POSITIONS ELIMINATED.LOWE'S COMPANIES INC - CHANGES ARE EFFECTIVE IMMEDIATELY.LOWE'S COMPANIES INC - EFFECTIVE NOV. 6, CHIEF CUSTOMER OFFICER MICHAEL P. MCDERMOTT DECIDED TO LEAVE COMPANY.LOWE'S COMPANIES INC - EFFECTIVE IMMEDIATELY, CHIEF OPERATING OFFICER RICHARD D. MALTSBARGER WILL BE LEAVING COMPANY.LOWE'S COMPANIES INC - INITIATED AN EXTERNAL SEARCH FOR NEWLY CREATED ROLE OF EVP, STORES.  Full Article

Lowe's Names Marvin Ellison President And CEO
Tuesday, 22 May 2018 

May 22 (Reuters) - Lowe's Companies Inc ::LOWE'S NAMES MARVIN ELLISON PRESIDENT AND CHIEF EXECUTIVE OFFICER.LOWE'S DIRECTOR RICHARD W. DREILING TO BECOME CHAIRMAN OF BOARD.ELLISON SUCCEEDS ROBERT A. NIBLOCK, WHO PREVIOUSLY ANNOUNCED HIS INTENTION TO RETIRE.MARVIN ELLISON CURRENTLY SERVES AS CHAIRMAN AND CEO OF J. C. PENNEY COMPANY, INC.  Full Article

A. O. Smith to become primary water treatment brand at Lowe's
Monday, 16 Apr 2018 

April 16 (Reuters) - A. O. Smith Corp::HAS BEEN SELECTED AS PRIMARY SUPPLIER OF RESIDENTIAL WATER TREATMENT PRODUCTS FOR ALL LOWE'S U.S. HOME IMPROVEMENT STORES.EXPECTS NEW BUSINESS' IMPACT TO EARNINGS PER SHARE WILL BE MINIMAL IN 2018, DUE TO START-UP COSTS.  Full Article

Lowe's CEO, Chairman And President Robert Niblock To Retire
Monday, 26 Mar 2018 

March 26 (Reuters) - Lowe's Companies Inc ::LOWE'S ANNOUNCES CEO SUCCESSION PLAN.SAYS CEO, CHAIRMAN OF THE BOARD AND PRESIDENT ROBERT A. NIBLOCK TO RETIRE.IN INTERIM NIBLOCK WILL REMAIN IN HIS CURRENT ROLE AS CHAIRMAN, PRESIDENT AND CEO.‍BOARD OF DIRECTORS HAS INITIATED A SEARCH FOR HIS SUCCESSOR​.  Full Article

D.E. Shaw Builds Activist Stake In Lowe's- Bloomberg
Friday, 12 Jan 2018 

Jan 12 (Reuters) - :D.E. SHAW BUILDS ACTIVIST STAKE IN LOWE’S- BLOOMBERG, CITING SOURCES.D.E. SHAW PLANS TO USE IT’S HOLDING TO AGITATE FOR CHANGES AT LOWE’S- BLOOMBERG, CITING SOURCES.  Full Article

Hangzhou Greatstar Industrial wins IRIS intelligent home project from U.S. Lowe's Companies
Tuesday, 19 Dec 2017 

Dec 19 (Reuters) - Hangzhou Greatstar Industrial Co Ltd <002444.SZ> ::Says it won IRIS intelligent home project from U.S. Lowe's Companies Inc .Project amount expects to be $5 million for 2018 and $8 million to $10 million for 2019 .  Full Article

US STOCKS-Wall St rises with Apple, easing trade concerns

* Indexes up: Dow 0.6 pct, S&P 0.5 pct, Nasdaq 0.8 pct (Updates to close)